Boomer small business owners retiring could mean golden opportunity for younger Americans
Data shows millions of baby boomer small business owners are poised for retirement in coming years, and that means enormous potential for younger generations of aspiring entrepreneurs.
Expert offers financial planning tips for new college grads
New college graduates entering the workforce face financial decisions from managing student loan debt, building credit, saving for retirement, building emergency funds and more.
Majority of US couples do not have an estate plan, study finds
Ameriprise Financial's latest "Couples, Money & Retirement" survey found U.S. couples overwhelmingly agree on retirement goals, but most do not have an estate plan in place.
Your Social Security COLA increase could be bigger than expected next year
The Seniors Citizens League estimates that Social Security beneficiaries could receive a 3% cost-of-living adjustment in 2025 as inflation gains steam.
Americans should invest at any age: 'It's never too late'
Investors who are just getting started should feel empowered to start their investment journey at any age. A wealth management expert says "it's never too late."
President Biden announces new student loan forgiveness plans that could benefit 23 million Americans
23 million borrowers could see accrued interest removed from their bills, and millions more could see partial or total forgiveness under Biden's new plan.
The 'magic number' to retire comfortably hits a new all-time high
Americans say they need more money than ever in order to be able to retire comfortably as chronic inflation continues to erode their purchasing power.
Americans weigh in on whether a comfortable retirement is possible in today's economy
With a potential retirement crisis on the horizon, retirees share their outlook on the issue and the cost of living in the US
Americans are draining their retirement accounts, racking up debt due to high inflation
The inflation crisis is forcing a growling number of Americans to rack up credit card debt and tap their retirement savings, according to a new study.
Biden cancels another $6 billion in student loans, this time for public service workers
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Some student loan borrowers are getting refunds on top of loan forgiveness, here’s who qualifies
Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.
Cost of living hinders younger generations from saving for retirement: Fidelity
Fidelity Investment's annual State of Retirement study found that over half of Millennials and Gen Z think saving for retirement will be harder in comparison to their parents.
401(k)s vs pension plans: What's the difference?
Pension plans and 401(k) plans can both help workers during their retirement years. While once commonplace, pensions have largely been replaced by 401(k)s in the private sector.
Some Americans will receive a second Social Security check this week
Social Security recipients will receive two checks this week, but it doesn't mean retirees are receiving extra money — it's due to a quirk in the system.
401(k) plans include these hidden benefits you need to know about
Uncover the hidden advantages of a 401(k) beyond savings. From employer matches to tax efficiency and creditor protection, maximize your retirement strategy.
Retired nurse faces ‘difficult’ reality of returning back to work to make ends meet
Retired nurse Joyce Fleming details why she decided to return to the workforce, pointing to high prices and shrinking savings on 'Fox & Friends.'
This is critical for 'thriving' in retirement, personal finance expert says
Personal finance expert Jade Warshaw discusses the importance of planning for retirement beyond relying solely on Social Security.
Love and money: Big chunk of US couples admit to fighting about finances
A study released Thursday found a significant percentage of American couples admit they argue about money at least occasionally, and more than 1 in 4 said it is their biggest fight.
This is the best time to give money to your kids, according to ‘Die with Zero’ author Bill Perkins
'Die With Zero' author Bill Perkins discusses the best time to spend your money and leave it to your kids.
Gen Z is worried they’ll never retire, but more save for retirement than any other generation
Gen Zers don't think they'll ever retire. Nearly a quarter of Gen Z believe they won't ever be able to retire.