Financial planning
Getting an inheritance or winning the lottery can create serious emotional and financial challenges
D-keine | E+ | Getty Images Money, for all the opportunities it affords, can be a major source of stress and anxiety if you’re not used to having it. Coming into sudden wealth, whether via inheritance, a career windfall or luck in the lottery, can create serious emotional and financial challenges for people who have […]
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Nearly risk-free I bonds to deliver a record 9.62% interest for the next six months
Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are paying a 9.62% annual rate through October 2022, the highest yield since being introduced in 1998, the U.S. Department of the Treasury announced […]
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Most Americans still feel optimistic about retirement. But inflation is hurting some workers’ confidence
Ipggutenbergukltd | Istock | Getty Images Despite the pandemic, most Americans still feel optimistic about a comfortable retirement, but inflation is the top concern among those who aren’t as prepared. That’s according to the Employee Benefit Research Institute and Greenwald Research 32nd annual Retirement Confidence Survey polling 2,677 workers and retirees in January. “Even with […]
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Georgia just became the latest state to require personal finance education
Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, January 5, 2022. Alyssa Pointer | Reuters High school students in Georgia will soon have guaranteed access to a personal finance […]
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These are the best and worst U.S. places to die, report shows
Your end-of-life experience may be very different depending on where you live, according to a Policygenius report that ranks the country’s best and worst places to die. The report gave each state and the District of Columbia a numerical score based on seven factors, including funeral costs and services, green burials, palliative care, Medicare providers, […]
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Are you dreaming of an early retirement? The earlier you retire, the greater the risk, experts warn
Kathrin Ziegler | DigitalVision | Getty Images Life may be short but early retirement might be, too, if you don’t have a solid financial plan for life after work. Whether it’s due to pandemic burnout, a new attitude on life or an optimism fueled by surging stock and real estate markets, more Americans appear to […]
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Deepak Chopra: Here’s how to be mindful with your money
Tommaso Boddi | Getty Images Entertainment | Getty Images Americans are stressed and anxious about money of late. Being mindful can help, according to wellness expert Deepak Chopra. Some 52% of U.S. adults are under more financial stress than a year ago, according to a CNBC + Acorns Invest in You survey conducted by Momentive. […]
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Developers are turning to master-planned communities to solve the housing affordability crisis
Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing up prices for consumers, and catching the […]
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‘It’s a lifelong experience.’ Governors say financial education should extend beyond school years
Student Olivia Raymond participates in a personal finance course in her middle school class in West Orange, New Jersey, in February 2020. CNBC Pursuing financial literacy is something that should continue beyond traditional school years, according to several state governors. “We think it’s a lifelong experience,” New Jersey Gov. Phil Murphy told CNBC’s Sharon Epperson […]
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Op-ed: Here’s what every woman needs to know about investing
Thomas Barwick | Getty Images Despite setbacks during the pandemic, the financial influence of women in the U.S. only stands to grow in the coming years. To that point, as more and more women embrace their economic power, they’re increasingly tackling the fundamentals of personal finance. McKinsey projects that by 2030, American women will control […]
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