New retirees can expect to face financial surprises, financial advisers say

Retirement is a major goal that many workers watch for throughout their careers. However, once people reach retirement age, they are often in store for financial surprises, despite decades of…

How much money do you need in an emergency fund at each stage of your career

Nirunya Juntooomma | Istock | Getty Images If you’re feeling unsettled amid volatile stock markets, high inflation and rising interest rates, you might be wondering how much money you really…

Credit ratings are at an all-time high, despite rising consumer debt

Consumers are increasingly relying on credit cards to make ends meet, but this has not had a significant impact on their financial situation, at least as far as their credit…

Here are 6 strategies to protect your finances against recession at any age

Like many Americans, you may fear that we are heading into a recession. More than 6 in 10 Americans – 62% – believe there will be a recession next year,…

5 money moves to make now to stay ahead of inflation

A customer pumps gas into his car at a gas station on May 18, 2022 in Petaluma, California. Justin Sullivan | Getty Images Soaring inflation and record high gasoline prices…

Here’s how women can overcome the lack of retirement savings

The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall in retirement. In 2020, women earned 83 cents for every dollar earned by men,…

Women close the trust gap with men when it comes to money

Amnajkhetsamtip | Istock | Getty Images Women are getting closer to men when it comes to their self-rated financial prowess, according to recent research. Overall, 55% of women and 60%…

Why 2022 was a dangerous time to retire – and what to do about it

mdphoto16 | E+ | Getty Images It’s a scary time for new retirees. Stocks have plunged this year. Bonds, which traditionally serve as ballast when stocks falter, also suffered. Both…

Financial priority for most adults is non-retirement savings, survey finds

Israel Sebastian | time | Getty Images There are more pressing financial goals for adults right now than building up their nest egg. For 2022, only 17% have made retirement…