How to get out of student loan debt Getty Images/iStockphoto Question: I have a degree, and I’ve been paying the student loan for about 25 years. I switched to income-driven repayment in 2011. The loa...
Tag: Personal finance
When a traditional IRA makes sense over a Roth account
Saving in an IRA makes sense whether you have a retirement plan at work or not, but investors then have to decide if a traditional or Roth account is better – as always, it depends. Retirement Tip of...
Biden administration launches student loan review, says 40,000 borrowers will see debt canceled
The Department of Education announced Tuesday a new review of its student debt portfolio, which it says will correct for past mistakes that denied 3.6 million borrowers credit toward student loan forg...
4 housing market predictions for 2022, from economists and real estate pros
We asked home and mortgage experts and economists what they predict will happen this spring. Getty Images/iStockphoto We asked home and mortgage experts and economists what they predict will happen in...
A $1 million Powerball ticket expires soon. Many prizes go unclaimed
Justin Sullivan | Getty Images Powerball players may want to make sure they’re looking more closely at their numbers after each drawing. In about two weeks — on May 5 — a ticket purchased in Mic...
Cut Your Retirement Spending Now, Says Creator of the 4% Rule
For decades, retirees have relied on the 4% rule to determine how much was safe to spend in retirement. Now, the rule’s inventor says current market conditions may require an even more conservative ap...
These states poised to pass personal finance education laws this year
Lee Jimenez, a teacher at Indian Hill Elementary School in Cincinnati, Ohio, discusses credit cards and methods of payments with his 3rd grade class using online financial education curriculum SmartPa...
My ex-husband encouraged me to drop out of college after a year, and now I’m struggling to repay my student loans. Is there anything I can do?
It’s also important to make sure you don’t neglect the emotional impact of this situation. Getty Images/iStockphoto Question: I took out a student loan in 2006, but my ex-husband was very controlling,...
Have fun AND retire rich — a great tax-refund life hack
For the 100 million of you who will get a tax refund this year, the former head of retirement solutions at J.P. Morgan has a great and very simple idea. Don’t spend all your refund. And don’t save all...
These money and investing tips are what you need when markets aren’t giving what you want
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Americans of all ages are fail...
Utilities Plan Huge Electric Grid Upgrades, Adding to Power Bills
American utilities are planning their biggest spending increases in decades to upgrade aging grids, prepare for electric vehicles and make the transition to renewable energy—moves poised to further bo...
This is how much you made if you bought into the oil crash 2 years ago
If you want to retire rich, the late, great Dan Bunting has some advice for you. “Always buy the market (i.e., stocks or even just the index) after a spectacular bankruptcy,” my old friend Bunting, a ...
Why a Yield Curve Inversion Might Actually Be Good News for Investors
Text size Dreamstime About the author: Ashwin Alankar is the head of Global Asset Allocation at Janus Henderson Investors. The recent trend by the market to frame new developments in a negative light ...
You Made $700 From an Online Side Hustle. Now the IRS Will Know.
Now that your 2021 taxes are done—or at least under way—it’s time to focus on a key tax change for 2022 affecting millions of Americans making money through platforms like eBay , Etsy , Airbnb , Venmo...
A retired nurse lost $43,000 to bitcoin — watch out for red flags online
A New York retired nurse lost $43,000 of her life savings to bitcoin scammers, after transferring the money to them through a malicious computer pop-up – an unfortunate reminder to be vigilant when it...
Worried about rising inflation? Nearly risk free I bonds may soon pay 9.62%
Eakgrunge | Istock | Getty Images Less risk often means lower returns. But that’s not the case with I bonds, an inflation-protected and government-backed asset, which may soon pay an estimated 9...
4 big expenses you should factor in for retirement
Retirement planning is part savings, part guessing game. While many of your day-to-day expenses will remain the same, there are big-ticket categories that can take a large bite out of your savings. Th...
As mortgage rates climb, one big thing homebuyers should consider doing now
Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet, and Jeff O...
Opinion: Do poison pills work? A finance expert explains the anti-takeover tool that Twitter hopes will keep Elon Musk at bay
Takeovers are usually friendly affairs. Corporate executives engage in top-secret talks, with one company or group of investors making a bid for another business. After some negotiating, the companies...