Make This Money Move Sooner Rather Than Later And You Might Be Ready To Retire Early
If you're planning to retire early, this financial strategy will protect your savings from potential market downturns after you leave the workforce.
Read MoreAbel Rodriguez
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Stories By Abel Rodriguez
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The Unfortunate Reason You Might Have To Return Part Of Your Inheritance
Believe it or not, there is a legal circumstance in which you may have to return a part of your inheritance. Here's how you may end up in this situation.
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When You Reach This Age, Your Portfolio Should Focus On Aggressive Growth
While it might seem like the goal of a portfolio should always be to grow, certain age groups should focus on different asset allocations for certain goals.
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You Might Be Ready To Retire Early One Day If You Follow This Retirement Rule
If you're dreaming of early retirement and have an employer-sponsored retirement account, this IRS rule may allow you to quit the workforce early.
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When A Retiree Reaches This Age, It's Time To Switch To A 'Moderate' Retirement Portfolio
When you retire, it's important to change your investment portfolio to protect your money. A moderate portfolio creates growth while reducing risk.
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A Financial Planner Explains How One Mistake Could Make A Retiree Pay RMDs Twice In A Year
Retirees need to keep on top of their taxes and retirement accounts. Before you withdraw any money from your RMD, make sure you do so at the right time.
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How Much Money 'Upper Class' People Should Really Have In An Emergency Fund
The amount of money needed in an emergency fund is different for everyone, but upper class individuals need enough to cover their higher monthly expenses.
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The 1970s Law That Protects Your Electronic Bank Transactions
Electronic banking comes with built-in protections that many people rely on without realizing where those safeguards began or how far they actually extend.
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When Your Net Worth Reaches This Number In Liquid Assets, It's Time To Upgrade Your Financial Planning
As savings and investments expand, financial planning needs to evolve, shifting from basic budgeting toward strategies designed to manage complexity.
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The Average Baby Boomer Started Investing At This Age
Baby boomers are typically known for their financial savvy and focus on retirement planning, so you might be surprised to learn when they began investing.
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The Sneaky Reason Some Credit Cards Are Metal
Metal credit cards might feel like a fun perk, but the psychology behind these cards is aimed at producing more benefits for credit card companies.
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This 'Upper Class' Millennial Car Habit Might Surprise You
Wealthy millenials have often embraced unconventional innovations in media and technology, and the decisions they make about cars falls right in line.
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The Most Common Debt Americans Carry Into Retirement
Retiring without debt is an ideal scenario that's out of reach for many. One type of debt in particular is most commonly carried by Americans as they retire.
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One Of The Best Assets To Inherit Might Surprise You
Losing a loved one comes with a lot to process emotionally and financially, but there's one form of inheritance that has some unexpected benefits.
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How Much Money The Average 65-Year-Old Retiree Should Spend From Their 401(k) Every Month
Some spend their whole careers building a 401(k). When you reach retirement age, this is the amount you should take out monthly to ensure your savings last.
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The Generation That's Most Likely To Pay Off Their Full Credit Card Balance Each Month
As credit card debt continues to mount across the U.S., one generation in particular is far less likely to be paying accrued interest than others.
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When A Retiree Reaches This Age, It's Time To Switch To A 'Conservative' Retirement Portfolio
At this age, it makes sense to switch to a conservative retirement portfolio that's focused on preserving assets and generating income instead of growth.
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When Your Net Worth Reaches This Number, You Might Be Considered Mass Affluent
Economic standing is not divided into simply the upper, middle, and lower classes. Those with a specific combination of assets and income are mass affluent.
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You've Been Warned: A Financial Planner Says This Is The Worst Money Move You Can Make After Getting A Raise
If you recently got a raise, chances are you're excited to be able to afford more things. Before you spend a dime, listen to this sage financial advice.
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How Much Money The Average Teacher Can Expect To Have In Retirement Savings
Teachers generally end up with more money in their retirement savings than the average American. However, their savings are in a worse spot than before.
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Retirees Be Warned: Avoid This Retirement Account If You Don't Want To Bleed Money
This retirement account may seem appealing because of the freedom it affords, but it will cause you to bleed precious money through various fees.
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Living Off Investment Interest: The Math Is Easier Than You Think
If you're picturing a stress-free retirement where you live off investment interest, use this easy formula to calculate how much of a principal you'll need.
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You've Been Warned: This Type Of Credit Card Could Make You Bleed Money
These days, it seems like there’s a credit card for everything. This specific kind may seem essential in an emergency, but it comes with major risks.
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The Savings Strategy Financial Experts Swear By For Building Wealth
Keeping up with bills is hard enough, so saving can feel like a luxury. However, one approach to saving works so well even billionaires swear by it.
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Retirees Be Warned: Avoid This Popular Upgrade If You Don't Want To Bleed Money
This upgrade may seem like an excellent way to enjoy your hard-earned money in retirement, but it's a major money drain that will chip away at your savings.
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One Of The Worst Assets To Inherit Is Nothing More Than A Hassle
Inheriting assets from a loved one can serve as a financial boost. But this type of inherited asset is usually nothing more than an expensive hassle.
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How Much Could You Spend Per Month If You Retire With $390,000 In Savings?
$390,000 in retirement savings may seem like a lot, but how much of this amount could you withdraw monthly for retirement? Here is what we know.
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