In Case You Missed It…What Really Happens if Social Security “Disappears?” With rumors spiraling about whether or not Social Security will still be functional in 2034, Marcia Mantell explains what is actually happening, and what that means for your retirement savings.Four Reasons Why Long-term Care Should Be Part of Your Comprehensive Financial PlanRona Loshak, a founding … [Read more...] about Weekly Roundup 8/8-8/13 – Retirement Daily on TheStreet: Finance and Retirement Advice, Analysis, and More
Why I’m Not Maxing Out My 401(k), Even Though I Can Afford to
When you buy through our links, Insider may earn an affiliate commission. Learn more.My obsession with my 401(k) runs deep. I've watched my balance grow from nothing to more than $90,000 in under five years through a combination of my own savings, employer matching contributions, and investment returns.The employer-sponsored 401(k) has one of the highest employee contribution … [Read more...] about Why I’m Not Maxing Out My 401(k), Even Though I Can Afford to
Should You Prepare For a Housing Market Crash in 2021?
pbk-pg / Shutterstock.comWill there be a housing market crash in 2021? A majority of experts think not.“People are saying we’re in a housing bubble, but I don’t think the term housing bubble is the right description,” said Tabitha Mazzara, director of operations at mortgage lender MBanc. “A bubble is something that’s going to pop. I look at it as a phase. The market is … [Read more...] about Should You Prepare For a Housing Market Crash in 2021?
3 Strategies That Could Help You Retire Earlier Than You Think
Retirement might be decades away for some of us, but the choices we're making right now will determine exactly when we can afford to leave the workforce for good. If your goal is to retire as soon as possible, you need to be strategic about where and how you save money for retirement. Here are a few tips you can use to speed the growth of your savings. 1. Claim your full … [Read more...] about 3 Strategies That Could Help You Retire Earlier Than You Think
Biden’s latest mortgage assistance can cut your monthly payment by up to 25%
Biden's latest mortgage assistance can cut your monthly payment by up to 25%While most U.S. homeowners have come through the pandemic unscathed, or even further ahead thanks to money-saving refinances at cheap mortgage rates, millions of others have had to opt for forbearance to put their loan payments on hold. A federal foreclosure ban provided them further protection.Now, … [Read more...] about Biden’s latest mortgage assistance can cut your monthly payment by up to 25%