For decades, the financial industry has obsessed over that magical seven-figure balance in your 401(k) that supposedly signals you are ready to quit the rat race. But new data suggests that retirees are no longer fixated on how much they have saved. They are worried about how long it will last. According to a recent … Read more
Advancing in your career often depends on more than just doing your job well, it also requires avoiding habits that can quietly undermine your progress. When you show reliability, take initiative, and communicate effectively, you naturally stand out in the workplace. Recognizing and correcting the behaviors that limit your visibility or impact can make a … Read more
I’ve been writing about personal finance since the early ’90s and investing in stocks since the early ’80s. One thing I’ve learned: You can’t stop the future, but you can prepare for and profit from it. Perfect example: These days, we’re seeing headlines about retail recessions and warehouse automation replacing human workers. I recently read … Read more
You can be intelligent, motivated, and full of strong intentions, yet still feel trapped in a cycle of restarting. Plans often begin with real momentum. The first week feels energizing and different. Then routines quietly fall apart. The gym bag stays untouched in the car. The business idea remains buried in your notes app. The … Read more
I bought my first stock more than 45 years ago. Since then, I’ve lived through the crash of 1987 (Black Monday), the dot-com bubble, the Great Recession, and the post-pandemic inflation spike. Market cycles change, but one thing never does: human nature. In my four decades of watching people try to build wealth, I have … Read more
In the pursuit of happiness, people often associate richness with having a lot of money or possessions. However, true wealth extends far beyond the size of one’s bank account. There are countless aspects of life that can make an individual feel rich and fulfilled, irrespective of their financial situation. 1. Peace of Mind Photo credit: … Read more
Before making a deposit of $10K or more, there are several concerns to consider. Being mindful of these concerns helps ensure that your large deposit is handled smoothly and without complications, protecting your financial interests and maintaining compliance with the law. 1. FDIC Insurance Limits Photo Credit: Depositphotos. The Federal Deposit Insurance Corporation (FDIC) covers … Read more