Invest & Retire

“Investing can seem so complicated that you might shut down and do nothing about it — or feel you need to hire someone to guide you. However, it doesn’t need to be complex. You probably already have the opportunity to get started right where you work.”

Essentials

Latest Investing & Retirement

retiree looking at map
Report: The Best and Worst States for Retirement Investing & Retirement February 17th, 2023
Money expert Clark Howard says that the key to ensuring that you’re comfortable later in life is to save for…
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I Have $60,000, Owe $6,000 in Student Loans and Want To Invest in Real Estate. What Should I Do? Investing & Retirement February 16th, 2023
Oh, to be young with a bank account full of money and four decades to go before retirement age. That’s…
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Can You Withdraw Money From Retirement Accounts at Will? Investing & Retirement February 13th, 2023
Most financial literature related to 401(k) accounts or IRAs focuses on contributions. But what about when you retire? Yes, there…
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What’s the Best Savings Account for a Teenager? Investing & Retirement February 8th, 2023
It's never too early in life to start saving and investing. I envy today's teenagers who have the opportunity to…
6 Challenges To Consider if You Plan To Retire Before 65
6 Challenges To Consider if You Plan To Retire Before 65 Investing & Retirement February 8th, 2023
Someone who listens to money expert Clark Howard's podcast asked a question about the challenges of retiring early. Her husband,…
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Should I Avoid Investing More Than $500,000 With a Single Brokerage Firm? Investing & Retirement February 7th, 2023
Most people know that the FDIC insures bank accounts up to $250,000. But did you know that brokerage firms registered…
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Should I Invest Instead of Paying Extra on My Low-Interest Mortgage? Investing & Retirement February 6th, 2023
Buying a home is the biggest purchase many of us will ever make. The thought of owing perhaps hundreds of…
Retirees holding sign showing retirement budget and expense categories
6 Major Expenses in Retirement (and How To Reduce Them!) Investing & Retirement February 3rd, 2023
Many people spend their working years trying to save enough money for retirement. But how can you predict what your…
Required Minimum Distributions: How To Calculate, Rules
Required Minimum Distributions: How To Calculate, Rules Investing & Retirement February 1st, 2023
Once you turn 73, the IRS expects you to take annual Required Minimum Distributions (RMDs) from your retirement accounts. But…
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What Does Clark Howard Think About Vanguard’s New Cash Deposit Feature? Investing & Retirement January 20th, 2023
Vanguard slowly rolled out Cash Deposit in 2022, an FDIC-insured interest-bearing account for its customers. The massive discount broker, known…
retirement money jar
Report: The Average Amount Retirees Spend in Retirement Investing & Retirement January 17th, 2023
How much money do you plan to spend in retirement every month? The Employee Benefit Research Institute's (EBRI) 2022 Spending…
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Should I Invest a Lump Sum at Once or Through Dollar-Cost Averaging? Investing & Retirement January 12th, 2023
Most of us have dreamed about suddenly receiving a large pile of money. But, if you're financially responsible, you may…
3 Places You Should Never Invest Your Money
3 Places You Should Never Invest Your Money Banks & Banking January 9th, 2023
With great power comes great responsibility. Whether you've read about the Sword of Damocles or simply watched Spiderman, you've probably…
The Rule of 55 allows you to withdraw 401(k) funds before age 59½.
The Rule of 55: What Is It, How It Works Investing & Retirement January 9th, 2023
If you're thinking about early retirement, it may be important for you to understand the Rule of 55 for 401(k)…
The Social Security Cost-of-Living Adjustment for 2023
The Social Security Cost-of-Living Adjustment for 2023 Investing & Retirement January 4th, 2023
Are you ready to see an increase in your Social Security check? In October 2022, the Social Security Administration (SSA)…
saving money
Are You Rich? The Amount Americans Need To Live Comfortably Investing & Retirement December 20th, 2022
How much money do you need to live comfortably? And how much money would you need to be worth to…
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Can I Invest Through My HSA While Still Remaining Liquid? Investing & Retirement December 19th, 2022
An HSA, or a Health Savings Account, can be one of the most exciting financial tools if you know how…
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Should I Invest or Pay Off My Student Loans? Debt December 6th, 2022
Compound interest is one of the most exciting, powerful and remarkable forces in finance. Given enough time, a modest amount…
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How Much Should Your 401(k) Account Cost You All-In? Investing & Retirement December 1st, 2022
The easiest decision in retirement planning is contributing to your company 401(k) account up to the company match. You can…
investment account
Should I Care About the Fee on My Investment Account if I’m Getting a High Rate of Return? Investing & Retirement November 7th, 2022
If you’re thinking about investing in mutual funds or index funds, you should know that it's quite normal for you…
Tax-Loss Harvesting: How To Use a Bear Market To Lower Your Tax Bill
Tax-Loss Harvesting: How To Use a Bear Market To Lower Your Tax Bill Investing & Retirement November 4th, 2022
It's been a rough year for U.S. equities. Due to a combination of historic inflation and aggressive interest rate hikes…
IRS Announces Record 401(k) Contribution Limit Increase for 2023
IRS Announces Record 401(k) Contribution Limit Increase for 2023 Investing & Retirement October 25th, 2022
The Internal Revenue Service (IRS) announced a record increase in 401(k) contribution limits for 2023, raising the standard amount from…
"What is an HSA" and "what are the HSA contribution limits in 2021" are common health insurance questions.
What Is an HSA Account and How Does It Work? Health Insurance October 20th, 2022
If you’re enrolled in a high-deductible health plan at work, you may have been offered the option of an HSA.…
investor sees stock market losses
Should I Take Money Out of the Stock Market and Buy I Bonds? Investing & Retirement October 18th, 2022
The stock market’s performance of late has not been one for the faint of heart. It's not surprising if you're…
Retirement affordability
New Report: Top 15 Most Affordable Places To Retire Investing & Retirement October 17th, 2022
When it comes to possible retirement destinations, no doubt finding a place in line with your budget is a major…
down stock market chart
My Stock Market Investments Are Down 25%. Should I Take My Money Out? Investing & Retirement October 12th, 2022
The news on Wall Street isn't pretty these days: U.S. stock markets have been falling for months. The S&P 500…
Fidelity, Vanguard Working To Prevent 401(k) Leaks
Fidelity, Vanguard Working To Prevent 401(k) Leaks Investing & Retirement October 11th, 2022
The days of working for a single company for decades, getting a decadent retirement party and riding off into the…
watering money growing in pot
Is Now a Good Time To Put Money in a CD? Investing & Retirement October 10th, 2022
If you’re thinking about a place to stash your cash, interest rates on certificates of deposit (CDs) may present an…
Don’t Make These 7 Common Retirement Mistakes
Don’t Make These 7 Common Retirement Mistakes Investing & Retirement October 4th, 2022
Financial planning and investing aren't rocket science. It's first and foremost about discipline. You set some goals, determine what needs…
What Is the Best Way To Withdraw Money in Retirement?
What Is the Best Way To Withdraw Money in Retirement? Investing & Retirement September 29th, 2022
LOTS OF RESEARCHhas been done on the best way to generate retirement income. It’s one of the most popular topics…