Retirement
The fund automatically reallocates the bond to equity percentage weighting in the retirement account. Given their popularity, TDFs have had an out-sized impact on the market. In no small measure, these automated funds have helped support the 10-year long bull market. Target-date funds were marketed to individuals in the early years of their employment history […]
Even though home ownership is considered the American dream, many young Americans can’t afford it. More than 78% of homeowners are 65 years old or older. Less than 36% of homeowners are under 35 years old. Yet apartment renting isn’t always the cheaper option either. San Francisco features the highest average national rent prices. A studio […]
Choosing between individual stocks and mutual funds can be difficult, especially if you are a novice investor. Both investment options are extremely popular and have their own advantages and disadvantages. So, which is the better choice? Let’s take a look. A stock is a type of investment which allows you to own a piece of […]
The first rule of financial planning is that you need to have an emergency cash reserve which is sufficient to cover your living expenses for at least three to six months. At the same time, there is no need for you to park your funds in a savings account which offers negligible returns, and that’s […]
Forced retirement is a problem many folks are grappling with these days. Around 37% of retirees in the country leave work earlier than they had expected, typically due to health problems, layoffs, shutdowns and cutbacks. Many forced to retire early struggle with their day-to-day expenses as a result of losing their only source of income. […]
Many freelancers would benefit from saving into a new kind of 401(k) just for them. Unlike corporate plans, these are easy and cheap to administer. Contribution limits are much higher than other small business plans of the past. Many Americans rely on their employer-sponsored 401(k) plans to save for retirement. But what about all those […]
Retirees who are in reasonably good health could have different motivations to work, apart from economic necessity. Some may choose to work out of their need for intellectual stimulation, while others may find that working is good for their physical and emotional well-being. Some may simply want to keep themselves busy by working part-time after […]
Mobile apps are fun, easy to use, and make our lives much more convenient. You can book a cab, order food, buy groceries, watch the news, send and receive money, and do practically anything you want with mobile apps. But did you know you can also save money with mobile apps? There are many mobile […]
Value investors such as billionaire Warren Buffett know whether a stock is a solid long-term bet. They have little interest in knowing how the stock does in the short run or how it behaves in a volatile market. Though there are no guarantees in the stock market, here are five filters real value investors use […]
Someone once said that the worst thing about being retired is that you never get a day off. That is because retirement is a journey and not a destination. Retirees need to make their retirement savings last for the remainder of their lives. U.S. workers nearing the age of 65 barely have $120,000 saved for […]
