Here’s How Much the Average Working Boomer Has Saved for Retirement

Here's How Much the Average Working Boomer Has Saved for Retirement

Text size Dreamstime This article originally appeared on MarketWatch. Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much, or little, they have saved for retirement. And the picture … Read more

Here’s how you can compound dividend stocks to double the S&P 500’s return

Here's how you can compound dividend stocks to double the S&P 500's return

Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exciting on the surface: Kroger Co. KR, a supermarket operator, raised its quarterly dividend payout by quite a bit, … Read more

I’m the COO of a mortgage company that’s funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market now

I'm the COO of a mortgage company that's funded more than $100 billion in loans.  Here are the 3 things you need to know about the housing market now

Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of that, home prices have risen more than 20% year-over-year, causing affordability challenges for many aspiring homebuyers. And it’s likely … Read more

Beyoncé’s ‘Break My Soul’ is an ode to the Great Resignation

Beyoncé's 'Break My Soul' is an ode to the Great Resignation

Beyoncé released a new single, “Break My Soul,” on Monday. The song references quitting a job and employee stress, alluding to the recent Great Resignation trend. Larry Busacca | PW18 | Getty Images The Great Resignation is part of the zeitgeist. If you need proof, just ask Beyoncé. The superstar singer’s new single, “Break My … Read more

The 10 ‘most American-made’ cars and SUVs may surprise you

The 10 'most American-made' cars and SUVs may surprise you

One Tesla model topped another to rank as the most “American-made” vehicle for 2022 in this long-running index that judges contenders based their US-based assembly line, major parts sourcing and other features. It’s Tesla’s TSLA, +9.35% Model Y earning the No. 1 ranking from Cars.com this year, the auto listing and news site announced Tuesday. … Read more

Here are the best deals

Here are the best deals

Amazon Prime Day is one of the most anticipated shopping events of the year. But in 2022, shoppers may be less interested in backyard entertaining or Black Friday-type deals and more eager to score discounts on consumer staples to counteract runaway inflation. “People who want to participate in Prime Day are going to be focusing … Read more

Higher interest rates are here, and that makes these vanilla investments compelling

Higher interest rates are here, and that makes these vanilla investments compelling

For investors who are weary of this year’s volatility in stocks and bonds, a stable corner of finance is starting to look enticing. The Federal Reserve just hiked interest rates by 0.75 percentage point , and Fed Chair Jerome Powell has suggested a similar increase could be ahead in July. Recession fears have also put … Read more

401(k) plans may not last long enough in retirement

401(k) plans may not last long enough in retirement

Elena Kurkutova | Istock | Getty Images Older Americans may have a number of different goals with their retirement savings. But usually their main goal is the same: to make it last. Unfortunately, many younger baby boomers and members of subsequent generations who don’t have access to a traditional pension could outlive the funds in … Read more

SEC issues investor protection rule charges. How to find a good advisor

SEC issues investor protection rule charges.  How to find a good advisor

Finding a broker or financial advisor you can trust may, at times, seem a daunting task. That’s especially true when investors see sensational stories of brokers fleeing the police in an underwater getaway or faking their death in an airplane crash. Then there are the high-profile fraudsters such as Bernie Madoff, who masterminded the nation’s … Read more

Businesses are preparing for a crypto winter—here’s what that means

Businesses are preparing for a crypto winter—here's what that means

Companies are showing concerns of a recession, and in the crypto space, many are preparing for a crypto winter. Coinbase is laying off 18% of its workforce, or roughly 1,100 people, according to an email sent to employees Tuesday morning. CEO Brian Armstrong said the company grew “too quickly” during a bull market and expressed … Read more