Is a Paid Off House a Retirement Asset?
Many American households have their wealth tied up in their houses For many Americans across all different income levels, the value of their houses exceeds the value of all their other financial...
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Many American households have their wealth tied up in their houses For many Americans across all different income levels, the value of their houses exceeds the value of all their other financial...
Counterfeit coins were once the bane of shopkeepers and their customers all across the world There’s no worse feeling than selling your goods and suddenly realizing that the coins you’re holding...
In a worrying sign for the fiscal health of American households, debt levels continue to increase Levels of credit card debt have increased 8% from last year, rising to a total of $905 billion That...
401(k) accounts have become one of the most popular savings plans for employees looking to save for their retirement Of the $266 trillion in retirement assets held by Americans, $51 trillion are held...
Thanksgiving may be over, and we may be recovering from our food comas and trying to work off the extra pounds we put on, but that’s no reason to stop giving thanks for all of our benefits For...
High stock market prices have fooled many people into thinking that the economy is doing just fine, even though that’s not really the case Economic productivity is still only increasing slightly...
What do you think of when you think of retirement A relaxing vacation on the beach, daiquiri in hand, watching the sun go down over the water Or how about a brisk hike through the Alps, taking in the...
Stock markets continue to reach record high levels, but it’s only a matter of time before they crash back to earth When they do, there will be a lot of finger pointing at those deemed to be...
Stock markets continued to reach record levels on Friday as sentiment was buoyed by reports that tax reform proposals had passed their first hurdle in the Senate Many were also cheered by reports...
Most Americans with an opinion on the subject think the free market should set interest rates, not the US Federal Reserve, according to a recent survey from the Cato Institute “Unsurprisingly, a...
Stephen Williamson, an economist at the Federal Reserve Bank of St Louis, joined critics of the US central bank last week by conceding there is no proof that massive intervention in the credit...
The national debt when Bill Clinton took office in 1993 was $4188 trillion By the time he left office in 2001, it was $5727 trillion, an increase of 37 percent As profligate as that seemed at the...
If you’ve ever read mainstream financial advice, you’ll notice that gold is hardly ever mentioned as an investment asset At best, you might find some advisers who recommend holding 4-5% of a...
Many Americans put money into their retirement accounts and never bother doing anything more than briefly looking through their annual statements They are the very definition of passive investors But...
Millions of Americans actively plan for retirement and arrange their finances with that end in mind But as daunting as retirement and the loss of steady income can seem, for most people that won’t...
If you’re nearing retirement, or even just starting to plan for retirement, you’ve probably started putting together a list of all the things you need to do and all the things you need to avoid...
If you’ve been watching stock markets recently, you’ll know that the Dow Jones Industrial Average just recently topped 22,000 points for the first time It’s a pretty amazing run that the Dow...
While much of the focus on savings revolves around retirement, that isn’t the only reason to save money and invest Money is what allows our society to flourish It allows us to purchase goods and...
A recently-published study has shown that the United States is falling behind a number of other developed countries when it comes to retirement security The study focused on several factors that play...
The combined profits of the ten largest banks in the United States have now reached levels not seen since 2007 They are now within striking distance of eclipsing their previous record profits As we...
One of the common worries that all retirees have is whether their retirement savings will last until they die There’s perhaps no greater fear than running out of money in old age and being forced...