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Retirement planning

47% of Americans say achieving retirement security will take a miracle

by Adrian Jhonsan
47% of Americans say achieving retirement security will take a miracle

DusanManic | iStock | Getty Images Almost half of Americans — 47% — say achieving retirement security will take a miracle, according to a new survey from Natixis Investment Managers. …

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Here’s why I am so bullish on the financial advisory industry

by Adrian Jhonsan
Here’s why I am so bullish on the financial advisory industry

Undefined | Mint Images Rf | Getty Images OK, not all financial advisors wear capes. But many are superheroes to their clients. Advisors, however, do wear many hats because they …

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Use a opportunity fund to save for goals that will make you happy

by Adrian Jhonsan
Use a opportunity fund to save for goals that will make you happy

Squaredpixels | Getty Images When it comes to saving and investing, many investors tend to think of two key goals — funding emergencies that could crop up in the short …

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IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

by Adrian Jhonsan
IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance.  Currently, “catch-up contributions” allow savers …

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Even millionaires are feeling financially insecure, report finds

by Adrian Jhonsan
Even millionaires are feeling financially insecure, report finds

Earning a good salary is one thing, feeling “rich” is another. Even doctors, lawyers and other highly paid professionals — also referred to as the “regular rich” — who benefit …

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Here’s why Americans can’t stop living paycheck to paycheck

by Adrian Jhonsan
Here’s why Americans can’t stop living paycheck to paycheck

For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on …

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401(k) hardship withdrawals are rising in 2023, reports find

by Adrian Jhonsan
401(k) hardship withdrawals are rising in 2023, reports find

After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble. Helped in part by improved market conditions, retirement account …

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3 things to know about retirement benefits

by Adrian Jhonsan
3 things to know about retirement benefits

President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Social Security has reached a milestone — its …

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Struggles Faced by Americans with Car Loans

by Adrian Jhonsan
Struggles Faced by Americans with Car Loans

There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 …

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Only a mere 10% intend to delay Social Security claims until the age of 70

by Adrian Jhonsan
Only a mere 10% intend to delay Social Security claims until the age of 70

Maryviolet | Istock | Getty Images Research suggests it’s best to hold off on claiming Social Security retirement benefits until age 70, if possible, to get the biggest monthly payments …

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