Hey, stylish shoppers! We’ve found a 4th of July sale we don’t want you to miss: The Kate Spade Outlet sale. That’s right: The label’s iconic bags and more are marked down to beyond clearance prices — just in time to give your warm-weather wardrobe a refresh. This sale is your best bet to get […]
Tag: Savings
Is Your Emergency Fund Ahead Of The Curve? The Savings Needed To Be In The Top 5% For Your Age Group
Is Your Emergency Fund Ahead Of The Curve? The Savings Needed To Be In The Top 5% For Your Age Group Personal finance gurus and successful investors may all have their own opinions on how to save money for retirement successfully, but one thing is clear: you need to have an emergency fund. A new […]
Score star-spangled savings of up to 70% off at Coach Outlet’s 4th of July sale
Has your favorite handbag seen better days? Don’t just replace it with another average purse. Instead, let Coach Outlet’s 4th of July sale be your opportunity to snag a designer gem at a department store price. Coach fans wait all year for deals like this, so you’ll have to move fast if you want a […]
Average Retirement Savings for 55-Year-Olds Only $50K – Investors Say There’s Still Time to Catch Up
PixelsEffect / iStock.com Retirement planning has taken a backseat for many Americans lately. Inflation, combined with exploding rates have taken a toll on savings and left little for retirement. And the numbers speak for themselves: According to a recent Prudential Financial, 2024 Pulse of the American Retiree Survey, 55-year-olds have median retirement savings of less […]
Retired Couple Making Over $9000 A Month With $1 Million Savings Can’t Agree Whether To Buy Or Rent — Suze Orman Says ‘Listen To Your Wife’
As retirement approaches, many couples face crucial decisions regarding their living arrangements. One such couple recently sought advice from financial expert Suze Orman on whether to buy a home or rent a luxury senior apartment. The husband and wife are financially secure, with a combined monthly income of over $9,000 from pensions and Social Security, […]
This 66-year-old works 11-hour days, has no savings, and lives with roommates — how to build a nest egg ASAP
This 66-year-old works 11-hour days, has no savings, and lives with roommates — how to build a nest egg ASAP Maryann O’Connor, a single mom who adopted and raised three kids, envisioned a comfortable retirement. However, her reality tells a different story. “I’m working my butt off,” the 66-year-old told CBS News. O’Connor has no […]
How Much Does the Average Baby Boomer Have in Savings?
JLco – Julia Amaral / iStock/Getty Images Baby boomers are the wealthiest generation in history. Members of this generation prospered thanks to the post-World War II economic boom. They bought homes and got high-paying jobs without taking on student loan debt, setting them up for a wealthy life — and even wealth to pass onto […]
Savings interest rates today, June 28, 2024 (up to 5.36% return)
Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, savings interest rates rose sharply. And even though the Fed has since paused further rate hikes, savings interest rates have held steady. So, if you’re looking for the best rates available today, here’s a breakdown of where […]
Peter Schiff says a house ‘depletes your savings’ and renting is better for many Americans
‘It’s a money pit’: Peter Schiff says a house ‘depletes your savings’ and renting is better for many Americans Buying and owning a house is often considered a significant financial investment and a milestone in personal wealth building. However, economist Peter Schiff believes that this notion is simply not true. During a recent appearance on […]
66-Year-Old With No Retirement Savings Buys A Home With Two Other Women To Get By
66-Year-Old With No Retirement Savings Buys A Home With Two Other Women To Get By Maryann O’Connor, a 66-year-old woman in Rhode Island, hoped to be retired by her age, but that wasn’t in the cards life dealt her. With no savings, 401(k), or emergency fund, she resorted to selling her home and buying a […]
We Have $1.25M in Retirement Savings and Need to Withdraw $50k Per Year. How Should We Invest it?
We have $250,000 in the bank and one million to invest for retirement with no debt. We need to earn $50,000 a year from the million. Where should I invest it? -Rob First, congratulations on saving $1 million for your retirement – I’m sure a lot of hard work has gone into this! You have […]
Designer creates staggering ‘wind fence’ that can revolutionize clean energy — residential cost savings could be huge
Designer Joe Doucet has created a wind fence that will help urban areas produce clean energy. Doucet’s system features twisty vertical wind turbines, according to Interesting Engineering, that look like DNA helices or fusilli noodles. The designer’s road to settling on this design was a long one — he originally conceived of 16 different turbine […]