Personal saving
Planning to delay retirement may not rescue you from poor savings
Key Points Many people expect to keep working because they need extra retirement income. However, research shows workers often retire earlier than planned, perhaps due to a layoff or poor health. That means workers can’t rely on delayed retirement as a financial plan. For those who are able, working longer is among the best ways […]
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This 38-year-old is financially independent with passive income. Here’s how he built a 7-figure real estate portfolio
Shu Matsuo Post, 38, built a $2 million real estate portfolio, according to documents seen by CNBC Make It. Courtesy of Shu Matsuo Post The idea of financial independence can mean different things to different people, but one common way to define it is having enough money that you no longer need to rely on […]
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This is the ‘billion-dollar blind spot’ of 401(k)-to-IRA rollovers, Vanguard finds
Key Points Moving money from a workplace retirement plan like a 401(k) plan to an individual retirement account is common when switching jobs or retiring. Savers are often unaware their 401(k)-to-IRA rollovers sit in cash as a default. Holding excess cash is generally a mistake for long-term investors. Source
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These are the top 10 MBA programs in the world in 2024, according to LinkedIn
Stanford University has the top MBA program in the world in 2024, according to LinkedIn. David Madison | Getty Images Sport | Getty Images The Stanford Graduate School of Business is the No. 1 Master of Business Administration program in the world in 2024, according to LinkedIn. This year, eight of the top 10 universities […]
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The ‘rent-first’ lifestyle is catching on. From cars to clothes and even caskets, here’s when it makes sense to buy vs. rent
Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit Credit Karma. Far beyond the traditional tuxedo, the rental industry has expanded in recent years to […]
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Kamala Harris’ tax records reveal ‘fairly basic’ approach that may have missed savings, advisor says
U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024. Erin Schaff | Via Reuters Vice President Kamala Harris’ personal financial records are under fresh scrutiny now that she is running for the highest office in the United States. Experts say recent tax […]
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Working remotely from a cruise ship? Here’s why the IRS still expects taxes
Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for her writing and consulting business based in Florida. Courtesy: Jenny Hunnicutt Income made ‘worldwide’ is taxable Despite a Bahamas flag flying atop the Serenade of […]
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Here’s how much it can cost a family of four to live across 10 major Asian cities
Monthly rent in Shanghai’s city-center costs approximately $2,700, according to data by Numbeo. Zorazhuang | E+ | Getty Images Living in a major city can come with a hefty price tag, so it’s best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of […]
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Treasury, IRS announce ‘major milestone’ of $1 billion in past-due taxes collected from millionaires
Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024. Kevin Dietsch | Getty Images News | Getty Images The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting more than $1 billion in tax […]
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Younger, rich traders convert to alternate options in its place of standard inventory and bond investments
pixelfit | E+ | Getty Pictures Youthful, rich buyers never want their parents’ investments. If you are involving the ages of 21 and 43 and have at the very least $3 million in investable belongings, your most well-liked investments probably aren’t your traditional mix of shares and bonds, according to new research from Lender of […]
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