Can you retire with a million dollars? Here’s how far personal finance will go

Becoming a millionaire sounds like a surefire way to live comfortably in retirement, but is it really? More than a third of millionaires say it takes a miracle to have a secure retirement. This is according to 2021 Natixis Global Study for Individual Investorswhich was surveyed by 1,617 people who have accumulated at least $1 … Read more

Why building credit is essential for stay-at-home couples

Sarah Rathner Couples share a lot, but regardless of your relationship status, your credit score belongs to you and only you. Even if you get 100% financial support from your spouse or partner, establishing and building your credit score is essential. It can benefit both of you as you navigate financial decisions together. But in … Read more

IRA contribution limits are going up in 2023. Here’s how to make the most of it

(Kylie Hagen) IRAs are popular because of the freedom they give you to invest your money however you want, but they have one drawback: their low contribution limits. In 2022, you can only contribute $6,000 to an IRA or $7,000 if you’re 50 or older. These limits apply to all of your IRA contributions, not … Read more

How stay-at-home couples can build credit

Couples share a lot, but regardless of your relationship status, your credit score belongs to you and only you. Even if you get 100% financial support from your spouse or partner, establishing and building your credit score is essential. It can benefit both of you as you navigate financial decisions together. But in the event … Read more

Do You Know All Four of These Social Security Secrets?

(Dan Caplinger) If you’d like bigger Social Security checks in retirement, it’s important to know everything you can about the federal government program. Unfortunately, it can be difficult to get the information you need, and many people are still out of the blue when it comes to the key aspects of Social Security that determine … Read more

Six things to do immediately after you calm down

Looking to tighten their belts and curb their budgets, corporate America is in a slash-jobs mindset these days, as some of America’s largest groups are furloughed by thousands of workers. meta (meta) – Get a free reportFacebook, formerly known as Facebook, laid off 11,000 employees in the second week of November. Twitter’s new boss, Elon … Read more

Medibank data breach: How to switch health insurance companies if you’re concerned about cybersecurity, costs, or claims

More than half of Australians are pregnant Private health insurance. About a quarter, or nearly four million people, are members of Medibank – Australia’s largest health insurer and the company at the heart of the Electronic security busts. Watch the video above: How to protect yourself after a data breach. For more health and wellbeing … Read more

Should you downsize to save money? | personal financing

“Inflation has been much more stable than people first thought,” says Connor Spiro, chief financial advisor at John Hancock. “I think as we continue to go into 2022 and into 2023, you may see that it will continue for much longer than originally thought.” Typical budget tips focus on cutting back on everyday discretionary expenses … Read more

Opinion: The gates are open for grandparents to grandchildren’s huge college savings

If you’re a grandparent looking to salvage the situation by helping your grandchildren pay for college, take a second look at the tax-advanced 529 college savings plan before the end of the year. rule changes To accounts for federal financial aid in 2023 means that new investment opportunities are open for family members to help … Read more