The Social Security Administration's recent announcement of a 2.5% Cost of Living Adjustment (COLA) increase for 2025 may come as welcome news for retirees.
Discover the average retirement savings by age and learn why personalized planning is crucial for securing your future.
While American consumers are feeling more optimistic, spending varies across the map depending on income, cost of living, savings habits, and other factors.
When a crypto-millionaire released a book about famous treasures and personal growth, he added a twist: Five “puzzle boxes” hidden across the globe. Here's this week's money news.
Owning a car is becoming more expensive, with the December 2024 Consumer Price Index revealing soaring motor vehicle insurance costs.
By 2030, women in the United States are expected to control $34 trillion in financial assets, up from $7.3 trillion just a decade ago.
Investment portfolios vary by age, goals, risk tolerance, and other factors. Learn more about the average portfolio mix by age.
The 401(k) is one of the most common investment vehicles to save for retirement. See how your long-term savings stack up.
A backdoor Roth IRA essentially lets you convert your nondeductible traditional IRA contribution to a Roth IRA.
The amount of retirement millionaires continues to grow, according to Empower data, with 9.1% of Americans falling into this category of retirement savers.