Archive | retirement

Should You Pay Off Your Mortgage or Invest Your Extra Money?

Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at alicia.adamczyk@lifehacker.com.Read more… Continue Reading at http://lifehacker.com

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What to Know About Blueprint Income’s Personal Pension

America’s transition from a pension system to a largely self-funded retirement system built around 401(k)s and IRAs has lead us to a retirement savings crisis. Auto-contributions help some, but the average family has $95,776 saved for retirement, a figure skewed by the disproportionately higher sums accumulated by…Read more… Continue Reading at http://lifehacker.com

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Why Your Emergency Savings Should Look Like a ‘Sidecar’ Account

Americans have a hard time putting money away: 44 percent of Americans said they could not come up with $400 to cover an emergency expense in 2016. According to a brief from the Aspen Institute, a policy nonprofit, “one-third of Americans struggle with income volatility,” and 60 percent of Americans have experienced…Read more… Continue Reading […]

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How to See What’s Actually Inside Your Mutual Fund

Warren Buffett has made a reputation for himself as the world’s greatest investor, and he’s a big fan of index funds. Funds are basically one big investment made up of a bunch of individual ones. If you’re into lazy, set-and-forget investing, you’re familiar with them. But how do you find out exactly what’s in your…Read […]

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What to Know About SEP-IRAs for Freelancers

When you’re a freelancer, you have a ton of things to worry about: Quarterly taxes, invoicing clients, tuning out distracting roommates and hustling to make next month’s rent. And while money can be tight (financial instability is one of the curses of the freelance life) you still need to set aside some for…Read more… Continue […]

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The Rubio-Trump Parental Leave Policy Would Only Worsen the Retirement Crisis

Florida Senator Marco Rubio and Ivanka Trump may have a new parental leave policy idea that they would like you to consider, reportedly based on this proposal from The Independent Women’s Forum: A new parent is given a 12-week leave, earning 45 percent of their normal wages (the equivalent of Social Security…Read more… Continue Reading […]

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How to Figure Out Your Retirement Withdrawal Rate

Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at alicia.adamczyk@lifehacker.com.Read more… Continue Reading at http://lifehacker.com

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A Beginner’s Guide to Dividend Investing

A few years back, I finally opened up an individual retirement account, or IRA. (A small step in investing, a giant leap toward adulting.) After building my very own portfolio, I noticed something interesting. Every quarter, I found money “paid” into my account. They’re called dividends, and dividend investing is an…Read more… Continue Reading at […]

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How to Save for Your Kid’s College and Still Live

You’ve got questions, we’ve got answers. Each Monday we’ll tackle one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at…Read more… Continue […]

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Bitcoin Is Not a Good Way to Get Started With Investing

“I don’t trust investing,” a friend said once. I asked her why. “Isn’t it kind of like playing the lottery?” she asked. Investing is intimidating enough for people as it is. Toss in something as unpredictable as cryptocurrency, and people give up on it altogether. It reinforces the notion that investing is like buying…Read more… […]

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Budweiser’s Tear-Jerking Tribute To Dale Jr. Includes Everything Except His Car Number

Longtime Dale Earnhardt Jr. sponsor Budweiser made the ultimate touching tribute video ahead of Earnhardt’s final NASCAR race. It’s the story of Dale Jr.’s career: from victory lane hugs from Dale Sr. to Dale Jr.’s incredible Daytona win following his dad’s untimely death. Yet it omits one odd thing: the number on…Read more… Continue Reading […]

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How to Choose the Best Nursing Facility for Your Aging Parent

No one really wants to think about their parents declining. If we’re lucky, our parents will have selected a retirement community well in advance—and will have the means to pay for it. But for the rest of us, we may very well be doing the legwork ourselves, either by coaxing them to research options while […]

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