Personal savings

Kimberly Palmer: Vacation survival tips from 5 finance professionals

Kimberly Palmer: Vacation survival tips from 5 finance professionals

For Ryan Decker, surviving the holiday shopping season is all about planning ahead. In fact, if he sees a gift for one of his two young sons in March, he’ll go ahead and buy it, instead of rushing through his shopping list in December. “It eases the burden a lot,” he says, making his December …

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"It's a crisis."  Why more workers need access to retirement savings

“It’s a crisis.” Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a press conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find that their money falls short of this goal when they reach their golden years. Much of the problem is related to …

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"It's a crisis."  Why more workers need access to retirement savings

“It’s a crisis.” Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a press conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find that their money falls short of this goal when they reach their golden years. Much of the problem is related to …

“It’s a crisis.” Why more workers need access to retirement savings Read More »

Not having an emergency fund can lead to one of the biggest financial mistakes, says Suze Orman.  How Congress can help

Not having an emergency fund can lead to one of the biggest financial mistakes, says Suze Orman. How Congress can help

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios in New York City. jenny anderson | WireImage | Getty Images If your car breaks down or you have an unexpected medical bill, it can be difficult to find the money to cover expenses. In a pinch, it can be tempting to withdraw money …

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How Congress can make it easier to set aside money for emergency spending

How Congress can make it easier to set aside money for emergency spending

Thomas Barwick | Digital vision | Getty Images Many families struggle to come up with money when faced with an unexpected $400 expense. This lack of emergency savings may force them to borrow money at high interest rates to pay for the surprise expense, putting their financial security at risk. Congress now has a window …

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For retirement system changes proposed to Congress via 'Secure 2.0', December is do-or-die time

For retirement system changes proposed to Congress via ‘Secure 2.0’, December is do-or-die time

Samuel Corum | Getty Images News | Getty Images For supporters of Congressional proposals aimed at improving the American retirement system, these few weeks promise to be difficult. Lawmakers return to Washington next week to complete the so-called lame session – the legislative period between the midterm elections and the new Congress, which begins Jan. …

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Retirement savers are looking for safe havens in their 401(k) plans.  They may regret it later

Retirement savers are looking for safe havens in their 401(k) plans. They may regret it later

Yongyuan | E+ | Getty Images The data suggests that some savers are looking for safe havens in their 401(k) plans. But this decision could hamper these long-term investors; in fact, he may have done so last month. Investors sold target date funds and large-cap U.S. equity funds in October in favor of “safer” funds, …

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Meet a couple who bought 19 properties in 4 years, retired at 40 and built a net worth of $1.5 million

Meet a couple who bought 19 properties in 4 years, retired at 40 and built a net worth of $1.5 million

Debbie Emick recalls the moment that changed her outlook on money forever. In 2014, shortly after she and her husband Chris gave birth to their second daughter, Debbie received bad news: the symptoms of a chronic illness discovered in 2012 were worsening. Nonetheless, she was determined to pursue her career as an elementary school teacher …

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This midterm election result is 'generally good for the markets': what investors can expect

This midterm election result is ‘generally good for the markets’: what investors can expect

Election workers open ballots at the Maricopa County Tabulation and Election Center in Phoenix on November 11, 2022. Justin Sullivan | Getty Images It may take until December to find out which political parties control both houses of Congress after Tuesday’s midterm elections. But that doesn’t mean your personal investment strategy should also stay up …

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You've been fired - now what?  Here are 3 steps to follow if you lose your job

You’ve been fired – now what? Here are 3 steps to follow if you lose your job

Srdjanpav | E+ | Getty Images The layoffs at tech giants Twitter and Meta this week affected thousands of people – and they’re just the latest examples of a downsizing trend that was already happening in the industry. The news has shed light on employee rights in mass termination situations. Although downsizing laws vary by …

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