Retirement

The average 401(k) account balance is now over $100,000 thanks to a long bull market since 2009. Even during a global pandemic, risk asset investments are doing well. Investment management firm Vanguard reported the average account balances for 401(k) plan participants reached a record high of $120,650 at year-end 2024. Meanwhile, Fidelity reports that the average […]

So you listened to the State Of The Union and heard President Obama muff the pronunciation of MyRA. Was that “My IRA?” Or was that “Myra,” like a woman’s name? I’m going with the latter. There’s an excellent 2,100 word piece entitled, “Will MyRA Solve The Retirement Crisis?” on Daily Capital you may want to check

Given day job income is the number one source of income for the majority of the population, it behooves us all to go where there’s robust employment. Let’s look at the top 5 cities in America to get rich and enjoy life! After reading one too many “best places to live, retire, work” articles that

The average consumer credit card rate is 17% as of June 1, 2019 according to the latest credit card tracking bureau. With the US Bank Prime Rate at 5%, credit card companies are charging 12% over Prime. In other words, credit card companies are making big bucks off you! The US Bank Prime Rate or

If you have a top 1% net worth, you’re rich. Good for you. The question is: why do the rich hoard so much cash? If you also have a top 1% income, there is no need to have such a big savings balance. The rich are bullish on the economy just like the investing middle

Getting a price match guaranteed on purchases is important if you want to save money and get the best deal possible. Let me share an easier way to get a price match guarantee. It occurred to me that getting a guaranteed price match might be easier than the five steps I outlined in my holiday

Everybody has heard of Capital One’s catchy slogan, “What’s In Your Wallet?” so I decided to have a look for myself and hopefully do some comparison with all of you. Capital One was kind enough to sponsor this post. I hate thick wallets because they are uncomfortable to sit on. If I could have a copy