Investing & Retirement Planning

However old you are, the time to start saving for retirement is NOW. The alphabet soup of retirement accounts can be confusing, but it’s not as hard as it seems. Learn how to open your first IRA in three easy steps.

Even if you’re a passive, buy-and-hold investor, you should rebalance your portfolio at least once a year. Here’s how.

The earlier you start, the easier it is to save $1 million. Here is a step-by-step guide to show you how much you should be setting aside each month to hit seven figures.

Taking a mini-retirement can be an eye-opening experience unlike anything you’ve ever done. But if you don’t have a plan and you aren’t funding it adequately, it can become a disaster.

If you want to take out a 401(k) loan to pay for unexpected expenses, you need to know the risk—and there are a lot of them.

U.S. Treasury Series I Savings Bonds, or I Bonds for short, are federally backed bonds specifically designed to help Americans protect their cash from inflation. Both inflation and I Bond interest rates are around 7% right now, meaning if you have money just sitting around, buying I Bonds with it may be your best hedge against inflation.

A 401(k) is an important tool for maximizing your retirement savings. But it’s not the only one. We break down how much you should contribute to your 401(k), how much should go to other vehicles like IRAs, and how to balance retirement savings with other priorities like paying down debt.

Sure, you can trade crypto or become a CEO, but nearly half of rich Americans got rich in a much easier, more boring way. Here’s exactly what they did, step-by-step.

CD ladders allow you to benefit from the higher interest rates associated with longer-term investments, and they provide you with steady access to your money. Here are a few more reasons to consider this strategy.