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Home Personal Finance Spending & Saving Americans’ financial optimism hits 16-year high — despite reasons to feel otherwise

Whatever we actually feel, there are plenty of reasons to be optimistic: The unemployment rate is hovering around 4%, tappable home equity hit a record high recently, and ...
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News Retirement

You’re in your middle years? Here’s why you probably need to buy life insurance

Once you’ve reached your middle years, it’s time to stop thinking your employer-sponsored life insurance is all you need. Those group plans are usually designed to cover burial ...
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News Taxes

IRS loosens rules for retirement plans to lend money to Hurricane Harvey victims

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans ...
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News Retirement

Where you put your savings in your 20s could make a difference of as much as $3 million by retirement

If you want to finish rich, there’s a crucial piece of advice you’d be foolish to ignore: invest in the stock market. Sure, it’s impossible to guarantee big ...
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News Retirement

New reality of retirement income

The world of work is changing, and many aspects of the provision of retirement income must change with it. This is one of the key messages to come ...
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News Retirement

How Millennials Are Building Better 401(k) Accounts Than Older Workers

Millennials lag older workers in certain key measurements of 401(k) account usage. For one, only 59.4% of millennials have an account vs. 63.6% of Gen Xers and 66.1% ...
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News Retirement

How to save for retirement without going broke

It can be tempting to put retirement on the back burner. Between fixed monthly costs, student loans and other savings goals such as a home or car, it ...
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Retirement Planning
News Retirement

The Two-Sided Strategy for Retirement

The lure of the stock market, when it comes to retirement, is the larger potential return it offers compared to other types of investments. Unfortunately, that potential big ...
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News Retirement

Clueless About Retirement: Americans Fail Retirement Income Quiz

Sponsored by American College Of Financial Services. The new RICP® Retirement Income Literacy Survey from The American College New York Life Center for Retirement Income quizzed more than ...
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Contributors News Retirement

Retirement Planning Can Save You Money on Taxes

Non-qualified vs. Qualified Money Non-qualified money has already been taxed, like your bank accounts, CDs or Roth IRAs. Taking money out of these accounts does not trigger income ...
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