Retirement

Living on a fixed income can be challenging for seniors. Housing, healthcare services and food can add up quickly. Senior citizens have numerous options to access financial assistance. This may include credit counseling, annuities, reverse mortgages and government assistanc ...

People invest in stocks because they hope to reap a share of any gains that arise when a company's share price goes up, but it can be difficult to tell whether this strategy will pay off unless you possess extensive research skills.Beginner investors should set their investi ...

Lifelong savings can help people feel more prepared for financial transitions, including paying off debt and investing in retirement accounts like 401(k)s and IRAs.Young adults may not have much money available to them for retirement plans, but time can work in their favor b ...

Experienced investors know the value of having specific goals when setting sail; having clear objectives helps keep them on course to achieving their financial goals despite market fluctuations and risks.Value investing requires long-term dedication and careful research in s ...

People starting their retirement savings later must employ strategies tailored to their unique financial situations, including taking an in-depth look at their budget and pinpointing places where expenses can be reduced and savings increased.Diversifying investments is also ...

Balance risk and reward in your investment portfolio is of utmost importance, including understanding your risk tolerance, diversifying wisely, investing for the long term and regularly rebalancing it.Typically, taking more risk can increase your potential returns; however, ...

Online peer-to-peer lending platforms connect lenders and borrowers, offering benefits to both borrowers and investors such as better loan approval rates and more competitive interest rates than banks.Financial advisors provide access to loans not otherwise available, like d ...

Can You Repay a 401k Loan Early?If you have a 401k loan, you may be wondering if you can repay it early. Whether you can pay it off early depends on the specific terms of your loan, your own situation, and the laws in your area. Here are a few things to keep in mind.Payroll ...

What is a 401k Plan? If you've ever wondered what is a 401k plan, you've come to the right place. Read on to learn about 401k employer contributions, the rates of contributions, and the investment options. 401k plans are great ways to invest your money for a secure retireme ...

What Is a Roth IRA? A Roth IRA is an individual retirement account under United States law that allows for tax-free distributions. You can contribute to a Roth IRA as long as you meet certain requirements. The following are some benefits of this type of account. You should ...