Headline inflation has eased in the U.S., but according to economist and former Treasury Secretary Larry Summers, soaring prices may not be over — especially in light of Donald Trump’s recent ...

Each year, the IRS releases updated guidance on how much individuals can contribute to their 401(k)s. In addition to the standard amount, anyone who’s at least 50 years old can contribute additional ...

Information and timely news from our team of trusted money specialists.

Historically, the premise behind the 60/40 portfolio is that during economic slowdowns, when stocks decline, fixed-income assets — like bonds — can provide both income and risk mitigation. This ...

According to the latest numbers via the Federal Reserve’s 2022 Survey of Consumer Finances, the mean retirement savings balance was $333,940. In the same year, however, the median retirement balance ...

When President-elect Donald Trump takes office starting Jan. 20, major changes could impact the lives of Americans if he begins to move forward on following through with ambitious election campaign ...

He wakes up every morning at 5 a.m. He takes ice-cold dips in his in-ground pool. He works out daily. And at a time in life when many Americans only dream about having substantial wealth, YouTuber ...

At some point, you’ll make the switch from building your nest egg to living off your nest egg. For many, this isn’t an easy transition. Maybe you haven’t reached a “magic” number for retirement, so ...

The news of the return-to-work policy was greeted with near-uniform disapproval at Amazon. In fact, 91% of 2,585 verified Amazon employees surveyed by the job review site Blind expressed ...

Owning a home with an affordable mortgage may seem like a dream, but for many Americans, it’s starting to feel like a trap. According to an Edelman Financial report, half of homeowners under 50 feel ...

Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council and ...

More than 80% of Floridians don’t have flood insurance and FEMA was unprepared for the deluge of assistance calls after Hurricane Milton made landfall near Siesta Key, Florida on October 9, according ...