Average Net Worth by Age

What is your net worth?  How does it compare to others in your age group?  What can you take away from these numbers?  Tracking your net worth can help keep your personal finances in check, since it measures your overall portfolio value and not simply your income.  You could have a high income, but if […]

Downsized And Retired: How To Save Money After Moving To An Apartment

Every day across the country, over 10,000 people reach the retirement age of 65. When you’re retired and living off of your savings, you’re well-aware of how important it is to balance your priorities and save money when you can. Fortunately, if you’ve already downsized from your home and moved into an apartment, you’re already […]

Should You Borrow Against 403(b) Plans — or Any Other Retirement Accounts?

You can borrow against 403(b), 457(b), 401(k) or a Roth IRA plans — if the plan sponsor allows it  — but only the solo 401(k) lets you do so without having to pay a penalty.

What the Credit Card Companies Do Not Want You To Know

Ah this is a great topic for the holiday season…Credit cards are the best invention ever made right? Well, they may be a great invention for credit card companies (especially right around this time of year), but for the consumer that does not understand their impact, credit cards can be a nightmare. However, for consumers who […]