Over the years, you may have seen advice in the financial media about the "60/40 portfolio," which consists of 60% stocks and 40% bonds. This type of portfolio can be put together without too much ...

Homeownership is harder than ever to achieve. Fortunately, you can leverage your home equity to help your kids become homeowners by taking out a home equity loan.

As you approach retirement age, it's important to take careful stock of your financial situation along with your health, and ...

When you borrow money from a 401k, investments in your 401k account are sold so cash can be distributed to you upfront.

Under the 2022 federal retirement law known as Secure 2.0, people affected by federally declared disasters can take up to $22,000 from their 401 (k), individual retirement accounts or other retirement ...

Millions of borrowers are in the tough position of owing student loan debt from college while nearing retirement age. New ...

The market has become more uncertain. This creates a fresh set of risks, but also new opportunities. Check out 2 strategic ...

Baby Boomers had a collective total of $4.50 trillion in debt, according to data from Experian. This is down from $4.58T in 2023. While Millennials and GenXers have more debt than Boomers do, Boomers ...

Seniors should carefully evaluate both home equity borrowing options before applying. Here's what to consider now.

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

In times of financial crisis, your 401K can offer a lifeline. In situations where your retirement savings may help you navigate life.

A lot of people are struggling to make ends meet given our recent bout of rampant inflation. And if you’re someone without ...