Retirees imagine their post-working lives relaxing in the shade on their comfortable porch. The view before them glistens with the fresh growth of green. The sweet light of the morning sun warms the dewy grass. They’re happy, at ease, and totally unfazed by economic headlines. And they wouldn’t be wrong.

Inflation has driven the cost of U.S. goods and services up 23% since early 2020, according to the Bureau of Labor Statistics. Millennials have felt that pinch all too much. In their prime family-rearing years, millennials have struggled to balance their careers with finding a mate, buying a first home, raising young children and often caring for aging parents.

You might remember a commercial from financial services giant ING that aired about 15 years ago. It featured people walking or riding bikes through a neighborhood, carrying giant orange numbers representing the amount of money they needed to retire comfortably.

How do you define wealth? Perhaps you consider wealth as having a certain amount of cash in savings, or investments that have reached a particular value.

Reviewing your budget, building emergency savings and paying down debt are strategies you can use. If there is talk of layoffs, now is the time to ramp up your efforts at work.

If you’re in your 20s, you’ve probably noticed that you have different financial challenges than many older people in your life. You’re at a point in your life where you’re often in the position to make a lot of high-level financial moves – but you might not have much financial experience. So if you’re in your 20s and wondering what [...]

If retirement is in the near future for you, you are probably strategizing your savings and retirement accounts to be ready for drawing them down. Some people opt to do a Roth conversion, moving funds from a pretax retirement account such as a 401(k) into a Roth IRA. This allows you to take your distributions tax-free (though you do pay [...]

Stocks have mostly roared throughout all of 2024, with the S&P 500 hitting nearly 50 all-time highs throughout the year. The S&P 500 is also up more than 27% for the year as of this writing, and this is after returning more than 26% in 2023.