Medicare beneficiaries would need more than $300,000 for healthcare costs in retirement: EBRI
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
Gas prices increase as OPEC cuts oil production
After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.
After OPEC announced it intends to decrease production starting in May, gas prices increased, according to AAA’s latest gas prices report.
Most Americans don’t know these financial solutions could help lower their tax burden: survey
Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.
Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.
As inflation persists, Americans choosing money over love, staying in relationships for financial dependency
A new survey found nearly a quarter of coupled Americans reported staying in their current relationships due to financial dependency.
A new survey found nearly a quarter of coupled Americans reported staying in their current relationships due to financial dependency.
These states' student loan forgiveness plans would work even if Biden's fails
With the jury still out on Biden's student loan forgiveness, some states are stepping up their plans, a recent report by The Pew Charitable Trusts said.
With the jury still out on Biden's student loan forgiveness, some states are stepping up their plans, a recent report by The Pew Charitable Trusts said.
Texas woman pays off $70K in debt in just two years by 'cash stuffing'
Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. Here's how she did it successfully.
Jasmine Taylor of Amarillo, Texas, saved money by using the "cash stuffing" method — allowing her to pay off debt in just two years. Here's how she did it successfully.
Apple Pay Later launches after a six-month delay
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Americans pulled nearly $100B out of bank accounts as SVB, Signature Bank collapsed
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
Rising number of Americans choose bankruptcy to deal with unmanageable debt: report
Total individual bankruptcy filings in February rose to 30,193, up 18% from a year ago and up 2% from January, according to a recent American Bankruptcy Institute (ABI) report.
Total individual bankruptcy filings in February rose to 30,193, up 18% from a year ago and up 2% from January, according to a recent American Bankruptcy Institute (ABI) report.
Self-directed retirement plan balances increased in Q4: report
Self-directed retirement plan balances as well as balances for 401(k)s, 403(b)s and individual retirement accounts (IRA)s increased at the end of 2022, despite year-over-year losses.
Self-directed retirement plan balances as well as balances for 401(k)s, 403(b)s and individual retirement accounts (IRA)s increased at the end of 2022, despite year-over-year losses.
Student loan refinance interest rates fall for 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Recovery from deadly Mississippi tornado tough for low-income residents
Mississippi is one of the poorest states in the U.S., and the majority-Black Delta where the massive tornado struck has long been one of the poorest parts of the state.
Mississippi is one of the poorest states in the U.S., and the majority-Black Delta where the massive tornado struck has long been one of the poorest parts of the state.
Gas prices hold steady despite market turmoil: AAA
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
This week's private student loan interest rates soar for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Good News: Student loan refinance interest rates edge down for 5-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Half of Americans say they're financially worse than last year: survey
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
Do you suffer from ‘bankxiety,’ ‘scamxiety’ or other modern anxieties plaguing Americans?
A recent poll found that millions of Americans suffer from modern anxieties.
A recent poll found that millions of Americans suffer from modern anxieties.
Americans feeling most pessimistic about financial future since 2010, survey shows
Just 31% of Americans expect their personal financial situation to improve over the next year.
Just 31% of Americans expect their personal financial situation to improve over the next year.
The Fed is expected to raise its interest rate hikes this year
The Fed is expected to increase its interest rate hikes after recently slowing down the pace. Fed Chair Jerome Powell told a Senate panel that the central bank may keep raising rates in light of stubborn inflation and a growing economy. Here’s how to deal with high-interest debt under any economic condition.
The Fed is expected to increase its interest rate hikes after recently slowing down the pace. Fed Chair Jerome Powell told a Senate panel that the central bank may keep raising rates in light of stubborn inflation and a growing economy. Here’s how to deal with high-interest debt under any economic condition.