Compared to making small talk with a cashier, I certainly prefer self-checkout. However, I still find it tedious and annoying. That’s why my absolute favorite method is Scan & Go. I get to skip the line completely. And now, I get even more: extra savings. Sam’s Club recently introduced Scan & Go Offers, which mean […]
Americans weighed in on whether a comfortable retirement is out of reach as experts warn of a blooming crisis. Florida residents gathered at the Flying Biscuit Café in The Villages on Friday and shared their thoughts on the cost of living and whether a stable retirement is unattainable amid the country’s raging inflation. One Florida […]
By now you’ve read on this site and perhaps elsewhere the latest figure on how much American adults think they’ll need for a “comfortable” retirement: $1.46 million. That’s according to Northwestern Mutual, a financial-advisory and insurance firm, which makes this estimate every year. It also probably wants to sell you advice and fee-based products it […]
MADISON — As the deadline to file tax returns for most taxpayers gets closer, next week — April 6 through 13 — officially kicks off Governor Tony Evers’ Money Smart Wisconsin Week. Edvest 529, Wisconsin’s direct-sold 529 college savings plan, would like to help remind folks that they can save money for their child’s college […]
As we get closer to the summer travel season, traveling with the family can allow you to create some amazing memories, but it can also be quite expensive and stressful if you’re not prepared. Here are some tips on how to save and ease stress on your next family vacation. Whether you’re road-tripping or taking […]
A new survey from Northwestern Mutual found that Americans now believe they’ll need to save $1.46 million to retire comfortably. That figure has jumped 15% over the past year and 53% since 2020, Northwestern Mutual reported. Americans’ actual savings are far off from that goal, according to the survey, which found that the average amount U.S. adults […]
The tax deadline is approaching and there’s still time to score a deduction with a pretax individual retirement account contribution — if you qualify. For 2023, the IRA contribution limit was $6,500, plus an extra $1,000 for investors age 50 and older. That increased to $7,000 for 2024, with $1,000 more for catch-up contributions. You […]
At least half of adults in a range of major economies report being stressed about their personal finances, and say inflation is one of the main reasons. A significant number also say they feel worse-off financially than their parents, and are pessimistic about their children’s financial futures, the International Your Money Financial Security Survey conducted […]
Fortunate Feds There’s no way around this – if you’re amongst the roughly 13% of federal employees not contributing at least 5% of your salary into your Thrift Savings Plan (TSP), you’re making a costly mistake. Fortunately, anyone hired or rehired after October 2020 is automatically enrolled in the TSP with a 5% contribution rate. […]
Almost half of Americans don’t have a dedicated retirement savings account, according to the Federal Reserve’s 2022 Survey of Consumer Finances. The survey, which includes the latest government data, reveals only 54.4% of American families reported having dedicated retirement accounts such as a 401(k) or IRA. While it’s possible they may be saving for retirement […]
Ask someone on the street how the economy is doing today and they are likely to say, “Not well.” Between inflation, layoffs, geopolitical tensions, and recession worries, economic uncertainty has hit the average person in many ways. And yet, according to most major metrics, the global economy is doing just fine. We’ve avoided a major […]
Most of us are familiar with the concept of “spring cleaning” when it comes to your home, but the spring season is also an ideal time to make some important decisions regarding your finances. As you’re tackling your home improvement spring to-do list, add one more important task: cleaning up your finances. “It can be […]
