Most American baby boomers are choosing to “age in place.” But what does that mean for the housing supply, which is already stretched thin? A recent Redfin survey of older American homeowners (aged 60 ...
The 2020s began as a tumultuous period for the economy, marked by a pandemic-induced recession. Nevertheless, the subsequent economic recovery was rapid, leading to continued growth to this day.
The Department of Energy (DOE) unexpectedly axed plans to refill its “oil piggy bank” in August and September due to surging oil prices. The DOE previously announced in March that it was soliciting 3 ...
Retirement income and savings take many, many forms but don't come with a whole lot of instructions when it comes to which to tap first. Liquid savings? Stocks? Bonds? Home equity? Social Security?
Americans are witnessing the rising cost of living push their golden years further out of reach as the average dollar figure for retirement readiness continues to soar. A new study from Northwestern ...
As much as retirement promises a chance to pick up on passion projects and cozy up to that glorious nest egg, for some it marks a season of regret. Ari Taublieb, describes the phenomenon like this in ...
In 2023, the Federal Reserve spent $114.3 billion more than it brought in — its largest operating loss on record. Compared to 2022 when the central bank brought in a net income of $58.8 billion, ...
Lately, there’s been a lot of speculation about a potential stock market bubble, with some industry watchers warning that stocks are overvalued—thanks in part to the frenzy over AI. This speculation ...
So you want to live off $100,000 a year in retirement? You may be wondering how big your portfolio needs to be—in addition to your Social Security income—to net you that amount. Of course, the amount ...
The U.S. stock market has enjoyed a roaring start to 2024, with the S&P 500 climbing by more than 10% in the first quarter — hot on the heels of the index’s 24% rally in 2023. Investor optimism in the ...
If you have some extra money to set aside each month, you might wonder if you’re better off investing it or using it to pay down your mortgage faster, especially if mortgage rates are ticking up and ...
You could save money on interest and pay off your mortgage sooner by increasing your monthly mortgage payment. Use this mortgage payoff calculator to see how that works. Fill in "Additional principal ...