How much do I need to save?
Question: I’m 36 and have saved only about $20,000 for retirement. How much per year should I try to save for the next 30 years to assure I’ll have a reasonable retirement? –Beth, Grove City, Ohio
Question: I’m 36 and have saved only about $20,000 for retirement. How much per year should I try to save for the next 30 years to assure I’ll have a reasonable retirement? –Beth, Grove City, Ohio
As credit card companies continue raising rates and fees, lawmakers are considering bills to stop such hikes until new credit card laws take effect.
Nearly half of U.S. workers who left their job last year cashed out their 401(k) accounts, according to a study released Wednesday, despite ongoing efforts to dissuade Americans from doing so.
It seems psychedelic drugs like LSD, cannabis and Ecstasy just might really have some medicinal purposes after all. Scientists are looking to these drugs to help sufferers of anorexia nervosa, cluster headaches and chronic anxiety attacks.
When it comes to cheap meals that satisfy our bellies, there’s nothing quite as fundamental, or as all-American, as barbecue. Despite its long preparation time and complicated and guarded seasoning methods, BBQ is also one of the most reliable budget meals available. WalletPop’s Jason Cochran takes a look at how that could be.
CNBC shares five reasons why U.S. retailers may have a jollier holiday this year.
Toys R Us provided WalletPop with a sneak peak at the 2009 Toys R Us Big Toy Book, where we found the following deals for the kid inside of everyone.
This year you can score a rare recession-induced break on your energy bill: The combination of a weak economy and a production boom has dropped the cost of heating with natural gas to a six-year low and is keeping a lid on other heat sources as well. But you can still save more. These questions will help you figure out the most cost-effective ways to keep out the cold.
A few things seem certain: A final bill won’t be bipartisan, it will require tax increases, and the political implications will be huge. The rest is harder to predict.
There’s plenty to distract you from financial planning this time of year, from cheering on your favorite football team to daydreaming about Thanksgiving dinner. But you don’t want to let some end-of-year deadlines slip by without taking steps to minimize taxes and maximize savings. Especially in this economic climate, a little extra cash can go a long way.
Question: I’m 47 years old and would like to begin participating in my company’s 401(k) plan. But I don’t know if this is the right time to do so. Do you think I should start now or wait until the economy gets better? –Frank, Brighton, Mass.
Question: I’m 47 years old and would like to begin participating in my company’s 401(k) plan. But I don’t know if this is the right time to do so. Do you think I should start now or wait until the economy gets better? –Frank, Brighton, Mass.