What does your wealth look like at age 50? If you’re like the average 45-to-55-year-old, your average savings balance is $15,589, and your average 401(k) balance is $160,000. And unlike younger investors, retirement is now closer on the horizon. For many 50-year-old investors, retirement may only be 15 to 20 years away—not long at all, […]
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Financial comfort looks a little different for everyone, but a stray $50,000 landing in your bank account goes a long way for most people. The trick is figuring out how to invest that money—not just figuring out how to sidestep Uncle Sam’s slice, but also figuring out how to use that cash if you’re used […]
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Gold watch? Retire at 65? Stock percentage equal to 100 minus your age? It’s time to rethink the rules of investing for retirement. Here are the new rules. Did you know that Social Security only covers about 40% of the average wage earner’s income after retirement? Or that most financial advisors say you need to […]
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If you have a windfall burning a hole in your bank account, here’s how to invest extra cash for financial success—whatever that means for your unique situation. It’s been a good month. Maybe you’ve been putting in extra hours at work and the boss noticed. Maybe your side hustle is finally raking in some money. […]
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Want to retire before 65? It takes planning—and investing. Here’s how to invest to retire early. Early or late retirement might seem like a subjective evaluation of your age, but it’s actually based on guidelines set by government agencies. In the U.S., early retirement is before the age of 65—that’s when Medicare kicks in. And […]
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Everyone deserves to retire in comfort. Here are some of the best investment strategies for retirement that every investor should try. Retirement might seem like a lifetime away. But despite the fact that most Americans want to retire by age 67, most of them are not on track to get there. Nearly two-thirds of 40-somethings […]
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Looking to diversify your portfolio? Here are some of the best alternative investment examples on the market right now. There’s a lot more to investing than just stocks and bonds, and if you’re like many average investors, you have yet to dip your toes into all the potential growth out there. And thanks to technology […]
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Considering alternative investments for retirement? Here’s what you need to know before you get started. While there are a lot of strategies out there to invest for your golden years, they often come back to the same central tenet: take more risks when you’re young and taper down on risk as you get older. But […]
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Do you have enough to retire in comfort? Here’s how to calculate it and how to invest for retirement the smart way. Americans aren’t as confident about our retirement as we would like to be. Nearly two-thirds of 40-somethings have less than $100,000 in their retirement accounts, 28% of 60-somethings have less than $50,000, and […]
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How much do you need to retire? And are you on track for retirement? Here’s how to calculate what you need to live your golden years to the fullest. While most Americans want to retire by 67, many of them have a long way to go. In a survey of 2,000 adults aged 40 to […]
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Thinking of getting started with investing in 2021? Now is the time to get started. After all, there are only two (legal) ways to earn money in this life: earning money through your job and growing the money you have through investing. That’s a big deal, considering that most Americans are extremely vulnerable to economic […]
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