An estimated $40 billion in unclaimed public funds that someone may owe you. How to find unclaimed money isn’t that hard, either. It just not obvious to most. Often, this is money that could not be sent to its original recipient (you!) and is thus held in state coffers. If this money cannot be sent […]
A lot of Americans will never retire. But those who do retire may commit financially consequential mistakes that could negate having a retirement fund in the first place. Refusing to downsize your current lifestyle and finances is a good way to slowly waste away your retirement. For example, downsizing from a large house to a […]
Whether to pay off your mortgage before retiring requires careful consideration. In this article, we’ll delve into the nuances of paying off your mortgage before retirement, enabling you to make an informed decision that aligns with your financial aspirations. Assessing the pros and cons of paying off your mortgage involves an evaluation of the potential […]
Certificates of deposit (CDs) are a low-risk investment option that allows you to earn interest on your savings. CDs are offered by banks and credit unions and come in different types that vary in terms of their interest rates, minimum deposits, and maturity dates. Here are five types of certificates of deposit that can help […]
If you had a year to get rich, what steps would you take immediately? As 2018 winds down, it’s time to set your sights on you financial goals for the year to come. The following financial planning ideas for 2019 could help greatly improve your financial picture 12 months down the road.
Bad financial habits are hard to break. But break them you must if you expect financial security someday, and that starts with good credit. The perfect FICO credit score rating is 850. Most people don’t have a perfect credit score, you are fine as long as it is comfortably over 620. Yet it takes need […]
If you fail to estate plan for your family, then you may be preparing your family survivors and beneficiaries to fight estranged family members who try to contest your will. If you don’t make such decisions in your lifetime, then your local probate court could decide who your beneficiaries are after your death. All of […]
Even though we live in a world where forced retirement and ageism are a reality, it doesn’t mean that middle-aged and elderly people have no employment options. There are plenty of jobs that employers explicitly set aside or target older workers for hire. Here are five of those jobs. Platonic activity companions In the 21st […]
Many young Americans are up against the challenge of how to protect elderly parents from scams. At present, more than 15% of the U.S. population is above the age of 65. By 2060 that figure will be nearly one in four Americans. Meanwhile, global interconnectedness means slick financial scam artists are coming at them from […]
Americans leave tens of billions of dollars unclaimed every year. From forgotten bank accounts, savings bonds, and death benefit payments, there are many financial institutions out there unable to distribute these unclaimed funds. You may have moved or forgotten about such assets long ago. Sometimes a bank or credit union closes and is unable to […]
