The Tax Cuts and Jobs Act lowered tax rates for most taxpayers and nearly doubled the standard deduction. Most provisions of ...

It’s the last day of our Wealth Challenge. If you’ve been following along, you’ve saved money with meal planning. You’ve ...

Caring for aging parents isn't cheap. However, many millennials are currently -- or will soon be -- trying to fit the cost of their elderly parents' long-term care into their budget. As of 2023, ...

In reality, though, the best move for a lot of people is to take the tax hit and convert a lot of money quickly, says Laurence Kotlikoff, an economics professor at Boston University. “Go big or go ...

There’s a widespread rule of thumb that retirees need about 70% to 80% of their pre-retirement income. However, this ...

We’re often encouraged to do our best to save well for retirement. And you may have a certain savings goal you’re hoping to ...

If you’re just trying to get your money in order and stay on top of day-to-day expenses, a bank or credit union probably has ...

“Many of us have extravagant plans about what we wish to do in retirement – travel, renovations, upgrade the car once every ...

There are five main choices for the self-employed or small-business owners: an IRA (traditional or Roth), a Solo 401(k), a SEP IRA, a SIMPLE IRA or a defined benefit plan. Many, or all, of the ...

“The biggest piece of advice for retirees is to create a financial plan before retiring,” Patrick Marcinko, a certified ...

Until your needs for the next chapter of transition or retirement are put on paper, there is likely fear about the unknown.

Retiring can be an intimidating step, no matter what age you are. Stretching a limited income to cover all your expenses is tough. But Eleanor Clark has figured out how to live comfortably on ...