KEY TAKEAWAYS Student loan borrowers typically have more trouble contributing to their retirement accounts compared to their ...
Plugging away at your job for 12 more months could make sense in this situation.
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 ...
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.
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 ...
Older workers with student debt have much smaller retirement account balances than their peers without the loans, a Fidelity report shows.
If you've been channeling extra cash into paying off your mortgage, car loan, or student debt—take a breath and ask yourself: Why am I doing this? Especially with manageable, fixed-rate debts, all too ...
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 ...
Are you envisioning a retirement filled with travel, relaxing days on your front porch or in your backyard oasis, and fun with the grandchildren? Credit card debt could be keeping you from fulfilling ...