The Hidden Costs of Personal Loans (and How to Avoid Them)

Right now, the average personal loan APR is 12.65% for borrowers with good credit, according to Bankrate. But depending on the lender, the real cost can be a lot higher once you factor in fees and fine print. Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured […]

I Just Hit $20,000 Annually — Am I Ready to Retire in 8 Years?

Key Points A Reddit poster has built a portfolio that produces $20,000 in dividend income. Retiring in eight years is the goal but what’s the best path forward? The poster will need to consider income needs and make sure the portfolio is sufficiently diversified to reduce risk. The $23,760 Social Security bonus most retirees completely […]

Here’s How Having an Emergency Fund Could Save Your Retirement Nest Egg

Key Points An emergency fund could come to your rescue when unplanned bills strike or you lose your job. Having emergency savings isn’t just about protecting your near-term finances. An emergency fund could be your ticket to preserving your nest egg. The $23,760 Social Security bonus most retirees completely overlook › You never know when […]