- Cities Where Education Pays off the Most
It’s hard to overstate the value of an education. An education can boost long-term earnings and open up new career paths. But it can be tricky to measure the precise impact of pursuing higher degrees. Is a high school diploma enough? Should you pursue a master’s degree? The answers to those questions may differ based… read more…
- Wes Moss: All About the Financial Expert
Wes Moss has spent his career helping people to retire as soon as possible and as happily as possible. As a certified financial planner, Moss has experience showing people ways to reach their financial goals. He has also worked with… read more…
- Nicole Lapin: Everything You Need to Know
Nicole Lapin is a financial expert and successful entrepreneur who learned everything the hard way. She never studied finance or business. Instead she worked hard and tried to learn as much about money as she could. Now she shares the… read more…
- Is Your Inheritance Taxable?
Generally speaking, your inheritance is or could be taxable. However, the full story is more complicated than a simple yes or no answer. Whether you’ll pay inheritance tax and how much you’ll pay depends on a variety of factors, including… read more…
- How Much Money Should I Have Saved by 30?
Many people dream about retirement as a time to relax, have fun or just do whatever they want. To have the retirement of your dreams, you’ll need savings. How much you need depends on multiple factors so let’s take a look… read more…
- What Is a Fiduciary?
The term fiduciary is a good thing to hear if you’re searching for a financial advisor. If a financial advisor is a fiduciary, he or she holds a relationship of trust with a client and abides by fiduciary duty. Fiduciary duty is the ethical obligation to act solely in someone else’s best interest, which in theory… read more…
- Farnoosh Torabi: Everything You Need to Know
Farnoosh Torabi has spent years working in finance. She’s written about topics ranging from saving money on groceries to investing your money more wisely. She’s also the host of the award-winning podcast, “So Money,” where she interviews successful people about… read more…
- How to Make an IRA Rollover
You found a new job and can no longer contribute to your previous employer’s 401(k) or 403(b). If your new employer offers an equivalent retirement account, you can directly transfer the money from one account to the other. You can… read more…
- ETF vs. Mutual Fund: What’s the Difference?
When deciding how to invest your money, you’ll likely run into two types of funds: exchange-traded funds (EFTs) and mutual funds. But you may be wondering, ETF vs. mutual fund? What’s the difference? The two funds have a lot in common, but they are different in key ways. A financial advisor could help guide you with an… read more…
- How to Calculate Return on Investment (ROI)
One of the most important considerations when evaluating your portfolio is figuring out what the return on investment (ROI) is for all the investing choices you make. Return on investment is a ratio that represents your earnings in comparison to the costs of your investment. This number can gauge the bottom line return of an… read more…
- SEP IRA Contribution Limits for 2024 and 2025
A SEP-IRA is a tax-deferred retirement plan for self-employed people and small business owners. Like all retirement savings programs, there are limits, rules and regulations you need to know about to get the most out of your savings. We analyze… read more…
- Where the Gender Pay Gap Is Shrinking the Fastest
One of the most pressing concerns for the economy today is the gender pay gap. Different sources will give different figures, but almost all data shows that on average women get paid less than men. This is true across occupations,… read more…
- What Is a Robo-Advisor?
If you’ve thought about investing, there are many different directions you can go. If you feel confident in your skills, you can always open your own brokerage account and build a portfolio as a DIY-er. On the other hand, there… read more…
- The Best States for an Early Retirement – 2017 Edition
Do you want to retire early? Starting your golden years sooner may sound enticing but it’s a difficult proposition. You’ll probably need to earn a lot, and you’ll definitely need to save aggressively and budget carefully. There are some states in the U.S. that are better suited for retirees, where your retirement savings would go… read more…
- What Is a Charitable Remainder Trust?
While most estate plans focus on leaving wealth to your heirs, some people also wish to provide for a charitable cause with their estate. A charitable remainder trust allows you to do both by setting up an income stream for… read more…
- How to Open a Roth IRA
If you’re looking to accrue more for your retirement savings, a Roth IRA might just be the place to put it. Roth IRAs allow the money you contribute to the account to grow tax-free, since you will have already paid taxes on… read more…
- How to Retire at Age 55
Retiring at an age as young as 55 is a dream of many Americans. However, turning this vision into reality involves some significant financial planning and maneuvering. For example, you’ll need to build significant savings, invest your money, account for… read more…
- How to Invest in Stocks
The will and knack to get into investing doesn’t come naturally to everyone. Just one look at the stock market can scare anyone away! It’s true that investing in stocks comes with potential risks. But at the same time, you can also see some real monetary benefits when you invest in stocks. Of course to start,… read more…
- What Is Long-Term Investing?
People often think of buying stocks as a high-stress situation. And in many scenarios, that may be the case. When you get into short-term investing, you’re constantly buying and selling your stocks to get the best prices. But this isn’t the only way to go about investing. Long-term investing, while requiring attention and strategy, eliminates… read more…
- Is Retirement Income Taxable?
You’ve worked hard for decades of your life, putting in hours of work and paying taxes like the upstanding citizen you are. You’re ready for retirement – who isn’t? You can’t wait to sit back and relax and never worry about taxes ever again. Except sadly, that’s not how it works. True, you don’t have… read more…
- What Is Passive Income and How Can You Make It?
Passive income is money you earn without actively working for it — as opposed to earned income from a job. In general, passive income comes from putting something you own — property, money, expertise that you share, say, in a… read more…
- Clark Howard Bio and Resources: Everything You Need to Know
Clark Howard is a consumer expert whose goal is to help people save more and spend less. He offers his financial advice through a nationally syndicated radio show and also makes regular TV appearances in his hometown of Atlanta, Georgia.… read more…
- Amanda Steinberg: Everything You Need to Know
The financial gap between men and women is decreasing but there is still a big divide. That’s part of why Amanda Steinberg founded DailyWorth in 2009. She felt women needed a dedicated, financial advice outlet. DailyWorth empowers women to take… read more…
- Rachel Cruze: Everything You Need to Know
Rachel Cruze is in the unique position of having learned about money since she was a child. Her father, financial expert Dave Ramsey, taught her how to stay out of debt and live within her means. Now Cruze is a… read more…
- Chris Hogan: What You Need to Know
Formerly a money coach and podcast host with Dave Ramsey’s organization, Chris Hogan is now a recognized personal finance expert with his own following. His first book, “Retire Inspired: It’s Not an Age; It’s a Financial Number,” came out in… read more…