Personal Finance

The 3 Types of Income and How They're Taxed

Here's a quick guide to the ways different types of income are taxed in the U.S.<p>When it comes to your taxes, the term "income" isn't quite as …

Retirement Planning

Equifax Breach: Freezing your credit is now free in all states under a new law

One of the best ways to protect yourself from identity theft is now free.<p>Starting Friday, a new federal law allows people to freeze and unfreeze their credit at the three major credit bureaus without being charged. Before, it cost consumers in almost half the states $3 to $12 per bureau to freeze …

Equifax

Over 50 and Underfunded? Get Your Retirement Portfolio Up to Snuff by Age 65

Even if your retirement savings isn't where it needs to be, you can still make a big difference by making changes now.<p>Okay, let's face it. You …

Retirement Planning

Suze Orman Says This Is the Age You Should Retire—Not a Month or Year Before

You may not want to hear this.<p>One of the most popular segments on my CNBC show was "How Am I Doing?" Viewers would call in and tell me everything …

Social Security

What are America’s fastest-growing (and shrinking) housing markets?

A decade has passed since the U.S. housing market crash and the beginning of the 2008 financial crisis. The typical American home lost about a third of its value during the recession. While the median home price has since surpassed its pre-crisis levels and reached an all-time high of $269,000 in …

Housing Market

Retirement planning mistakes you probably don't realize you're making

Though retirement can be a fulfilling time in people's lives, it can also be a stressful one.<p>This especially holds true if you fall victim to the following mistakes, so be sure to avoid them at all costs.<p>1. Relying too heavily on Social Security<p>Millions of seniors collect Social Security in …

Retirement

5 Mistakes And Myths That Can Spoil A Successful Retirement

Key issues about retirement finances are misunderstood by many Americans who are retired or within 10 years of retiring, and those misunderstanding reduce the probability of having a successful retirement.<p>The misinformation and confusion covers the spectrum of retirement finance topics, according …

Social Security

Pete the Planner: How to retire successfully when starting from scratch at age 50

<i>If you want to retire successfully but are starting from scratch at age 50, you need a plan. This is the first of a four-part series on how to make it happen.</i><p>I think it was hearing a fourth person in two weeks tell the same story that tipped the scales.<p>Two weeks ago, I met a 50-year-old woman who …

Roth IRA

Money expert David Bach: Use this formula to figure out how much you should have saved at every age

When it comes to saving for the future, the more you can set aside, the better off you'll be. But just how much should you aim to have in order to …

Retirement

America's Most Livable Cities for All Ages

The nation's population continues to age--the number of Americans ages 65 and older is projected to more than double in the next few decades.<p>Many …

Retirement

Don’t Believe the Hype About Millennials and Money

Millennials are killing fast food. They’re wiping out golf. Thanks to them, mayonnaise is as good as dead.<p>If you believe the latest survey — no need …

Retirement Planning

Ask a Fool: Isn't Investing My Kids' College Savings in the Stock Market Too Risky?

Here's the right way to approach college savings and risk.<p>Q: I've heard that any money I need for a specific expense doesn't belong in the stock …

Retirement Planning

7 Defensive Stocks That Are Crushing The Market

There's been a dramatic shift in investor behavior recently, vaulting defensive sectors such as telecom and consumer staples into market leaders, …

Stock Markets

Alphabet, Facebook and Netflix are about to destroy the stock market's biggest dividend trade

The Dow, S&P 500 hit record highs. Plus global stocks rally on easing trade tensions, and the British pound falls after ‘Hard Brexit’ talk. Catch The …

Stock Markets

What Happens if I File for Social Security Too Early?

The short answer: You still have options.<p>Seniors who want to collect Social Security have an eight-year window to start claiming benefits. That …

Retirement Planning

These are the best – and most affordable – suburbs for retirement

When it comes to living the lifestyle they imagined, today's retirees often have to make some sacrifices. But it doesn't have to be that way.<p>According to a new report, some of the best places to retire are also the most affordable, which means that it is possible to enjoy your golden years in sunny …

News (U.S.)

New U.S. tax law could create underpayment headaches for retirees

CHICAGO (Reuters) - The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an adjustment in the wake of the new federal tax law.<p>FILE PHOTO: A sheet of United …

Income Tax

You don’t need to be rich to invest—just start with $5

<b>We tend to think of investing as requiring big bucks. But microinvesting makes it possible to start even if you only have a few dollars to spare.</b><p>What …

Investing

The Federal Reserve Could Raise Rates Again Next Week -- Here's What You Need to Know

Here's what could happen and what it could mean to you.<p>The Federal Reserve's Federal Open Market Committee, or FOMC, is set to meet next week, and …

Retirement Planning

The Top Terms Searched on Investopedia Throughout the Financial Crisis

At Investopedia we are the fortunate beneficiaries of being a source of information on all things finance and investing. That didn’t happen by …

S&P 500

Here's the most important export from every US state

International trade is a big part of the US economy, and of the individual state economies that together make up the larger whole.<p>The US Census Bureau publishes data on international trade for each of the 50 states and Washington, DC, including lists of the top-25 exported goods from each state by …

U.S. Army

Ken Langone: 'For years, our political leaders have had their pants taken off by our trading partners'

Billionaire investor Ken Langone, the co-founder of The Home Depot (HD) and chairman of Invemed Associates, said that U.S. political leaders have …

Tariffs

Manulife Financial offers to pay people to leave a retirement product that was once a sensation

If you’re part of the crowd who put money in Manulife Financial Corp.’s IncomePlus guaranteed retirement income product after it debuted in 2006, watch your mail for a surprising offer.<p>You can continue to hold IncomePlus, or move without penalties into the company’s GIF Series 75 segregated (seg) …

Retirement Planning

Getting Your Financial Life in Order

For many people, the adage “I run out of money, before I run out of days in the week” is all too true. In fact, close to half of the population lives …

Credit Card Debt

It's a Van Life: Bay Area Reporter's 80-Square-Foot Solution to the Housing Crisis

That's when the idea was planted in Kaplan's brain that living a peripatetic life on the road might be more fun than trying to squeak by, aging in …

San Francisco Bay Area

Looking to buy a home with poor credit? Best (and worst) cities to apply for a mortgage

The average credit score for homebuyers seeking a 30-year fixed-rate mortgage is 755. That rate applies to what are known as conventional, conforming loans. Those are mortgage loans for 80 percent of the value of the property for an amount of up to $453,100 nationally, but that could be higher in …

News (U.S.)

Social Security Has a Growing Income Inequality Problem

A growing divide between the rich and everyone else is wreaking havoc on Social Security.<p>Social Security may be the most important social program in …

Retirement Planning

5 Strategies to Help You Start Investing Today

For beginners, investing in the stock market can seem scary and overwhelming. You may think you need loads of money to begin with or that investing …

Investing

The Bull Market Should Continue But It Might Not Be A Smooth Ride

The current US equity bull market is now the longest on record, adding to the total each day. This won’t calm investors already anxious about how …

Research Papers

New Study: Median Retirement Account Balance Is $0 - Asset Allocation Daily

<b>Separating Emerging Markets Into Their Components</b><p>“When it comes to the single biggest threat facing EM stocks right now - trade and geopolitics - we …

Retirement Planning