SoFi reports a comprehensive guide for first-time homebuyers, outlining steps from budgeting to closing, emphasizing financial readiness and assistance options.

With Social Security payments covering 30 percent of their living expenses, many retirees rely on their own savings in old age.

Global current account balances widened sharply in 2024, reversing a narrowing under way since the global financial crisis of ...

The secretary for work and pensions, Liz Kendall, has announced a new review of the state pension age will take place ...

The Government assesses the retirement age, currently 66 and increasing to 67 in 2026, every six years but appears to be ...

Savings rates are languishing behind inflation, meaning millions of savers could be losing money by leaving it in their bank accounts.Inflation rose slightly to 3.6 per cent in June, up from 3.4 per ...

The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.

How much do individuals in the UK hold in savings, on average, at different times of their lives? We looked at a range of data sources to find out what ...

We're officially more than halfway through the year and high-yield savings accounts still offer up to 5.00% APY -- move your money now and start earning more.

The government has reduced interest rates on key national savings certificates by up to 57 basis points, effective 1 July – a move that may increase pressure on middle-income earners and pensioners ...

Saving with a long-term view Workers are also increasing the share of pay they contribute to retirement savings plans, which has boosted the 401 (k) savings rate to a record high.