Krakenimages.com / Shutterstock.com Many of us dream of making a six-figure salary. Crossing the $100,000 mark in earnings is often viewed as a sign of financial success. Yet 42% of those who earn more than $100,000 live paycheck to paycheck, according to a recent survey of more than 3,000 consumers by PYMNTS and LendingClub. Overall, […]
RossHelen / Shutterstock.com The concept of providing a guaranteed basic income to some residents is catching on in a big way in several U.S. cities and at least one state. Local governments are offering monthly payments — often with few strings attached and no work requirements — to specific groups of people who are at […]
Jacob Lund / Shutterstock.com Editor’s Note: This story originally appeared on Point2. With remote and hybrid working models still prevalent, paired with the continuing growth in the tech sector, many employees are increasingly attracted to the idea of relocating. And as tech hubs crop up across the country, their options are no longer limited to […]
Gustavo Frazao / Shutterstock.com Editor’s Note: This story originally appeared on NewRetirement. We are supposedly in the midst of the “Great Resignation.” Record numbers of Americans are quitting their jobs. Some are retiring. Most are seeking a better gig. And employers are responding with higher salaries and better benefits. Retirement savings plans like 401(k)s are […]
MAYA LAB / Shutterstock.com While it would’ve been nice to make big investments in Apple or Amazon stock 20 years ago, most of us rely on a variety of income sources in retirement. A recent Census Bureau analysis breaks down exactly how households led by people age 65 or older pay for their golden years, […]
Monkey Business Images / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder. Who even knows what “retired” means anymore? You might have left the career you had in the 40-hour-a-week workforce. But now you don’t exactly want to be glued to your couch watching puppy videos. You want to be active, you […]
There are a few core principles that are universal. The sun rises in the east and sets in the west. The speed of light in a vacuum is 299,792,458 meters per second. To create wealth, you must earn more, save more, and invest with intelligence. If you’re reading this article, it’s because you have a […]
Passive income sounds like a dream come true — earning money without any active effort. The reality is that there’s no such thing as 100% passive income. This type of income stream can better be described as frontloaded work: You have to put in time, effort, and (usually) money first to collect those passive returns. […]
Ruslan Guzov / Shutterstock.com Editor’s Note: This story originally appeared on NewRetirement. You might be surprised by the facts of being an entrepreneur after 50! Financial success later in life is far more common than you might think. Can you guess which of the following statements are fact and which are fiction?
Image Point Fr / Shutterstock.com Editor’s Note: This story originally appeared on NewRetirement. Recently on the NewRetirement Facebook discussion group, someone suggested that retirees ought to help their own financial well-being as well as businesses’ by going back to work. Bruce wrote, “I wish a lot of retirees would consider going back to work part-time […]