Vanguard has announced a new 401(k) fund that allows older employees to buy annuities. But are these complex financial products right for all retirees?
Even a modest inheritance like $50,000 has the power to positively change your life over the long term—provided you use it wisely.
Warren Buffett's famous quote about being "approximately right" reveals why obsessing over precise forecasts and complex models often leads investors astray—and what to do instead.
Some workers are maxing out their 401(k)s, but many still face shortfalls and may need to take extra steps to strengthen their retirement readiness.
Baby Boomers (ages 61 to 79 in 2025) held the largest balances, averaging about $599,000, while the Gen X investors (whose oldest members started reaching 60 this year) averaged about $379,000. These ...
A recent survey shows a growing confidence gap between pop culture knowledge and financial literacy, which could be shaping everyday money habits in ways people don’t realize.
Learn about plans and accounts that allow you to efficiently save for your child's or grandchild’s education while shielding the savings from the IRS as much as possible.
The ratable accrual method is a formula for determining income on investments as it's accrued rather than paid and is often used for income tax purposes.
A renewable term is an insurance clause that allows the beneficiary to extend the coverage term for an additional time period without having to re-qualify.
Soft landings are desired over hard landings for economic policy makers. To achieve a soft landing, government officials and central banks will gradually reduce expansionary fiscal and monetary policy ...
A doorbuster is a strategy retailers use to get a high volume of customers into their stores by offering big discounts for a limited time.
The McCallum Rule is a monetary policy theory and formula describing the relationship between the monetary base and nominal GDP growth.