When President-elect Donald Trump takes office starting Jan. 20, major changes could impact the lives of Americans if he begins to move forward on following through with ambitious election campaign ...

Information and timely news from our team of trusted money specialists.

Historically, the premise behind the 60/40 portfolio is that during economic slowdowns, when stocks decline, fixed-income assets — like bonds — can provide both income and risk mitigation. This ...

According to the latest numbers via the Federal Reserve’s 2022 Survey of Consumer Finances, the mean retirement savings balance was $333,940. In the same year, however, the median retirement balance ...

Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council and ...

Information and timely news from our team of trusted money specialists.

Owning a home with an affordable mortgage may seem like a dream, but for many Americans, it’s starting to feel like a trap. According to an Edelman Financial report, half of homeowners under 50 feel ...

At some point, you’ll make the switch from building your nest egg to living off your nest egg. For many, this isn’t an easy transition. Maybe you haven’t reached a “magic” number for retirement, so ...

The nice thing about getting older is getting wiser. By the time you reach your 70s, you may be in a place where you're able to see life through a different lens and wish you made savvier decisions.

More than 80% of Floridians don’t have flood insurance and FEMA was unprepared for the deluge of assistance calls after Hurricane Milton made landfall near Siesta Key, Florida on October 9, according ...

These days, having a pension as your retirement vehicle is a lot like having a 1982 Chevy Camaro parked in your garage: few people have them and many companies don’t offer them. But that doesn’t mean ...