Rae Beck

Are you feeling behind on your retirement savings? You are not alone. Only 31% of people feel they are saving enough for retirement, according to the Federal Reserve. With wages failing to keep pace with inflation, it’s hard to save for the future when you’re struggling to survive the present.
Still, you may have found ways to increase your income, decrease your expenses or both. Here are 11 strategies you can use to get caught up on your retirement savings so you can enjoy your golden years....

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Lei Deng, CFA, CFP®
Investing and Tax Planning Expert
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Are you seeking assistance with your financial management? If so, you’re not alone. Many Americans could benefit from financial guidance. In fact, according to the National Financial Educators Council, the average American incurs a cost of $1,500 per year due to a lack of personal financ...

Reviewed
Rae Hartley Beck
Deputy Editor of Investing and Retirement
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
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Before you agree to work with a financial advisor, you need to understand exactly how they’re compensated. If you’re afraid you’ll seem rude by asking, don’t worry: Your advisor is required to disclose this information publicly in state or federal regulatory filings, which you should...

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Putting money away for retirement into a Traditional IRA or Roth IRA may seem easy. Coming up with the money is the hardest part, right? For most people, that’s the biggest challenge. But there’s another headache: contributing too much. Contribution limits can be difficult to understand, and it’s unfortunately easy to mess them up. Be sure to review ...

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A Roth 401(k) is an employer-sponsored retirement plan that’s funded by after-tax dollars. It shares certain similarities with a traditional 401(k) and a Roth IRA, although there are important differences to understand.
What Is a Roth 401(k)?
A Roth 401(k) is a tax-advantaged retirement account that combines features of both a traditional 401(k) and a Roth...

Jessica Goedtel
Contributor
Reviewed
Rae Hartley Beck
Deputy Editor of Investing and Retirement
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
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The Financial Industry Regulatory Authority, also known as FINRA, helps protect investors by regulating brokers in the United States. It does this through rulemaking, enforcement, investigations and consumer education. FINRA is not a government entity; it ...

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In all of architecture, few styles are as controversial as the Victorian style. To some folks, it evokes the dark, sinister mansion in Psycho, whose twisty halls and treacherous staircase hid a serial killer and his stuffed mother. To others, it conjures up the sprawling, happy home in Meet Me in St. Louis, fu...

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for
The coronavirus pandemic has had profound impacts on the housing market. House flipping and residential real estate investing have risen drastically, with real estate analytics firm CoreLogic reporting that investors bought a record high 28 percent of all single-family homes in the first quarter of 2022.
With ...

Preparing to sell a home can be daunting. Popular shows like “Fixer Upper,” “Flip or Flop,” and “Property Brothers” make it seem like you have to spend thousands of dollars and make renovating a full-time job to prepare to put your house on the market. While real estate flippers do frequently make money doing cosmetic renovations on homes and reselling them, these people are professionals who have spent decades building up their own skill set, knowledge base, and network to be successful.
The...

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. By refinancing your mortgage, total finance charges may be higher over the life of the loan.
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A modular home can be an affordable way to get the custom home of your dreams in a location where on-site building is difficult ...

Recessions happen when economies start to slow down, though they are typically short-lived.
Depressions are really, really bad recessions that can take years to get through and recover from.
Inflation’s the price of everything from milk to cars going higher and higher.
Recessions, depressions, and inflation: all daunting words. Recessions mean the economy is slowing down. They are a normal part of life, though not much fun to get through. Depressions are exceptional, super-charged recessions ...