Here’s How Much the Average Tax Refund Would Be Worth If You Invest It Until Retirement
I’m going to take a wild guess and say you probably don’t enjoy filing your taxes. But for many, there’s the silver lining of a refund check waiting at the end of it all. The average refund check as of Feb. 14, 2025 is $2,169 per month. That’s about a third less than what we […]
Social Security: Data Shows This Is Hands-Down the Best Age to Take Benefits — but There’s a Big Catch
Social Security can make or break retirement for millions of older adults, and the age you file for benefits is one of the most important decisions affecting the size of your checks. Filing at your full retirement age will earn you 100% of your benefit based on your work history. By claiming as early as […]
37% of Americans Don’t Own Stocks. 3 Easy Ways to Become an Investor Today.
If you’ve decided the stock market is a rich man’s game… well, there’s actually bit of truth to the idea. The wealthiest 1% of families living in the United States own about 50% of the entire U.S. stock market, while the richest 10% of the country’s households own about 87% of all its stocks. The […]
Why Elon Musk and Other Billionaires Take Out Mortgages
Image source: Getty Images If you asked a thousand people what they’d do with $1 billion, hundreds would say something like “buy a big house.” And I’d be willing to bet $1 billion that none of them would respond, “take out a $20 million mortgage.” Looking for a secure place to grow your savings? See […]
I Wish More People Knew About This Social Security Rule
There’s a reason 62 has long been a popular age to claim Social Security. It’s the earliest age possible to sign up. And there’s something to be said for getting those benefits sooner. In fact, some people claim Social Security at 62 because they don’t want to gamble on their life expectancies. Delaying Social Security […]
Filing a Tax Extension? Here’s When Your 2025 Tax Payments Are Due
Image source: The Motley Fool/Upsplash With the federal tax return deadline on the horizon, many of us have taxes on our minds. If you haven’t filed your return yet, you might be considering a tax extension. Filing for an extension allows you until Oct. 15, 2025 to submit your return. Looking for a secure place […]
Opinion: President Donald Trump’s Social Security Promise Would Cripple the Program
In January, close to 52 million retired-worker beneficiaries took home an average Social Security check of $1,978.77. While this is a relatively modest monthly payout, it’s proved vital to helping our nation’s aging workers make ends meet. In each of the previous 23 years, Gallup has conducted a national survey of retirees that aimed to […]
