KEY TAKEAWAYS Student loan borrowers typically have more trouble contributing to their retirement accounts compared to their ...
Standard personal finance advice has long been to eliminate debts around retirement, including the mortgage. The mantra “retire debt free” comes from the insight that everyday life at older ages ...
Dave Ramsey and Suze Orman rarely see eye to eye. Ramsey champions aggressive debt payoff and famously avoids credit cards ...
Taking on a mortgage later in life can preserve liquidity, but it also adds fixed costs to a limited income stream. The right decision can shape your retirement security, estate plans, and financial ...
And she's not alone. A full 60% of baby boomers aged 61 to 65 are not on track to have enough money to retire.
Older workers with student debt have much smaller retirement account balances than their peers without the loans, a Fidelity report shows.
To help her think more clearly about her situation, we turned to Connor Bauserman, a financial planner at Preferred Financial Group who specializes in helping people navigate this exact question. He ...
Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...
The golden years are supposed to be debt-free, a time when you can finally relax after decades of monthly mortgage, student loan and credit card payment obligations. But that vision of retirement is ...
Rebecca Rosenberg has 10+ years of experience as a writer and content strategist. She has written dozens of articles on retirement, financial planning, business, tech, and more. Rebecca has a master’s ...