Here’s How Much You Should Have Invested for Retirement at Age 40
It’s never too early to start planning for retirement, but realistically speaking, it’s not something everyone takes seriously in their 20s or even their 30s. But life starts changing by the time you’re 40. Hopefully, things are falling into place, whether that’s your career, starting a family, or anything else you’re striving for. But most […]
Here’s What the Fed’s 0.50% Rate Cut Means for People Carrying a Credit Card Balance
Image source: Getty Images The Federal Reserve initiated its first federal funds rate cut in four years on Sept. 18, 2024. It opted for a more aggressive half-percentage-point cut, and people are already feeling the effects. The federal funds rate doesn’t directly influence consumer products, but banks often use it as a benchmark when setting […]
3 Reasons Social Security Is Struggling and 6 Things That Might Fix It
It’s no secret that Social Security isn’t doing well, but most people tend to overestimate the severity of the situation. They think Social Security’s going to disappear in a few years, leaving them to fund their retirements completely on their own. Thankfully, that’s not going to happen. But the reality is still pretty concerning. Social […]
Owe Money on Your Credit Cards? Mark Cuban Says You Should Do This
Image source: Getty Images Mark Cuban is well-known as the billionaire investor that has been featured on Shark Tank for many years, but he has also been successful in ways that go beyond what you may have seen on TV. However, just because Cuban is a billionaire today doesn’t mean that he didn’t make his […]
Retiring in 2025? 5 Key Financial Moves to Make Before the End of 2024
Most people spend 40 or more years in the workforce before retiring, and even then, it’s not always easy to save what you need. Americans today estimate they’ll need $1.46 million to retire comfortably, according to a Northwestern Mutual survey. While expectations don’t always align with reality, many people will probably need around this much […]
Should You Retire in Wisconsin?
When you think of Wisconsin, it’s hard not to picture loads of cheese, cozy log cabins, and Green Bay Packers fans decked out in green and gold. But retiring there? Believe it or not, the Badger State was ranked as the 10th best state for retirees, based on a Motley Fool survey. While it’s not […]
3 Great Reasons to Join Sam’s Club Instead of Costco
Image source: Upsplash/The Motley Fool Costco and Sam’s Club are warehouse clubs with members-only deals that can help you keep more money in your checking account. Both retailers have similarities — you must be a member to shop the deals, many items are sold in bulk, and you can get discounts on gasoline. But there […]
Social Security Will Announce Its 2025 COLA Soon, But Workers Should Also Look Out for This Number
For better or worse, there’s no shortage of Social Security changes every year. That’s just the nature of the program, and it has been since it was created decades ago. October, in particular, is a month when huge changes for the upcoming year are announced. One of the most important announcements is the annual Social […]
You Can Save $50 on a Southwest Airlines Gift Card at Costco
Image source: Upsplash/The Motley Fool Costco members can save money on essentials like food, household goods, toiletries, clothes, and electronics, but that’s not all. You can also find significant savings on Costco’s selection of gift cards. The warehouse club sells discounted physical and electronic gift cards to popular retailers. Whether you’re looking to save money […]
Should You Retire in Washington?
If you love the outdoors, Washington might have already snuck its way onto your bucket list. Maybe it’s the Cascade Mountains or national parks that caught your eye, or perhaps it’s the thrill of boating, hiking, or skiing. But retiring in Washington? That might feel like a stretch if you’re unsure how far your savings […]
