New York is home to a substantial number of millionaires, yet there has been a notable exodus in recent years. Data from the New York State Department of Taxation and Finance indicates that 1,326 ...

As sage billionaires go, BlackRock chairman and CEO Larry Fink belongs in the same rarefied air as Warren Buffett. And while he probably stopped worrying about his own nest egg a long time ago, Fink ...

Here’s a fun question to ask at your next social gathering: what’s the lowest salary you’d think the average American would be willing to accept for a new job? Your friends (especially if you remember ...

Gold-bug Peter Schiff has admitted he could have made a lot more money over the last decade if he had focused his investing on high-performing stocks instead of gold. “Had I had all my money 10 years ...

As much as retirement promises a chance to pick up on passion projects and cozy up to that glorious nest egg, for some it marks a season of regret. Ari Taublieb, describes the phenomenon like this in ...

Most American baby boomers are choosing to “age in place.” But what does that mean for the housing supply, which is already stretched thin? A recent Redfin survey of older American homeowners (aged 60 ...

Food is the third-largest expense for U.S. households (after housing and transportation), according to the latest consumer expenditure data from the Bureau of Labor Statistics. It’s also an area where ...

Even with a sizable nest egg, retirees should never stop budgeting — especially if they want to make that financial safety net last 30+ years. While the economy remains relatively strong, high ...

The 2020s began as a tumultuous period for the economy, marked by a pandemic-induced recession. Nevertheless, the subsequent economic recovery was rapid, leading to continued growth to this day.

A recent study found 94% of U.S. residents believe homeownership is part of the American dream. Are they getting it wrong? Morgan Housel, a partner at The Collaborative Fund and best-selling author ...

For sheer value to everyday retirement savers, it’s hard to beat the Roth IRA. Created in 1997, this tax-advantaged investment – whose signature benefit is that it allows contributors to withdraw ...

It’s a common belief that you need at least $1 million in savings to retire, but it’s possible to retire with less — and many people do. After all, the median amount that Americans aged 65-74 have in ...