Personal finance

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help?

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Getty Images/iStockphoto Question: I’m 56 and work for a state university, so I will have a state retirement plan. Previously, I worked full time and contributed to social security for 20 years. I still work part-time and contribute to social security. I plan to retire in six years when I turn 62, and recently started … Read more

This self-made millionaire has a simple rule to get rich

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Personal finance knowledge is important to just about everyone, but with the rise of social media, the conversations we see about it can also be filled with misconceptions, hot takes, or even lies. Jeremy Schneider, Founder of Personal Finance Club, cuts through the noise of risky cryptocurrency betting, leveraging debt and overspending with a concise … Read more

How to Fight Inflation: 6 Tips to Save Money in 2022 | Personal finance

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It’s no secret that inflation has hit a lot of bank accounts over the past year. Some prices have fallen lately, such as gasoline, but other prices, such as food, continue to rise. If you’re looking to save money, here are some money-saving tips in six areas of your spending life. Travel Advice against inflation: … Read more

NBA star James Harden lends support to financial literacy

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James Harden of the Philadelphia 76ers looks for a pass against the Toronto Raptors in Game 5 of the Eastern Conference First Round on April 25, 2022. Tim Nwachukwu | Getty Images For NBA player James Harden, building financial literacy in young adults is personal. Harden, a point guard and shooter who recently signed a … Read more

This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

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Polls consistently show that older Americans regret a lot of things — working too much, choosing the wrong partner, not taking care of their health, and so on. There are also often financial regrets, such as not having saved enough and investing too little for retirement. This last regret has many reasons: everything from the … Read more

How much money you should save on each paycheck

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If the last two years have taught us anything about money management, it’s that having a savings set aside is crucial. Despite the importance of having savings, however, research shows that 45% of Americans have less than $1,000 saved — and in an emergency, $1,000 may very well not be enough. To make sure you … Read more

People who are still afraid of catching COVID-19 are costing the US economy billions of dollars and my stepfather has dementia, and his sister is bullying him for money. How can I protect it?

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Hi, MarketWatchers. Don’t miss these top stories. People who are still afraid of catching COVID-19 are costing the US economy billions of dollars The participation rate fell for the third consecutive month in November. Read more “Gaslighters have two signature moves: Are you gaslighted at work? How to recognize the signs. People who lie, steal, … Read more

4 key year-end metrics to “control your tax filing destiny”

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seksan mongkhonkhamsao | time | Getty Images 1. Boost your 401(k) contributions If you haven’t maxed out your 401(k) at work, there may still be time to increase your contributions for 2022, Guarino said. The move may reduce your adjusted gross income while boosting your retirement savings, but “time is running out,” he said. With … Read more

how calculators can measure changes

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Hobo_018 | E+ | Getty Images How to measure the effects of a reduction in benefits Covisum, a provider of Social Security claim software, recently updated its calculator to reflect the latest projections from Social Security administrators. The offerings include a free version for consumers and a more complex paid version for financial advisors. Another … Read more

Supreme Court takes on Biden’s student loan plan

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Student loan holders participate in a protest outside the White House staff entrance to demand that President Biden forgive student loan debt. Countess Jemal | Getty Images Entertainment | Getty Images The fate of the Biden administration’s sweeping student loan forgiveness plan now rests with the Supreme Court. This may be bad news for borrowers, … Read more