Fidelity’s most recent Retiree Health Care Cost Estimate pegs the out-of-pocket healthcare bill for a 65-year-old retiring today at roughly $165,000 for a single person…
In 1985, two Ohio University researchers ran an experiment that quietly explains a huge chunk of bad money moves. Ticket buyers who paid full price…
Between 2003 and 2023, the average DIY equity fund investor earned about 8.01% a year. The funds they held earned 9.69%. That 1.68 percentage point…
About 64% of U.S. investors say they have a high level of investment knowledge, according to research from FINRA. Roughly 74% of professional fund managers,…
If you retire at 52 with $1.2 million in a traditional 401(k), the standard FIRE forum answer is some version of: “Just do a Roth…
Last March, a high-earning software engineer I know proudly told me he’d finally done his “first backdoor Roth IRA.” Three weeks later, his CPA called…
Three years into my Roth IRA, I almost paid a 10% penalty on money I was sure was already mine. The IRS calls this the…
The most common framing of index fund vs target date fund sounds reasonable: line up the expense ratios, pick the cheaper one, move on with…
Most investors are told to “do your own research” before buying a stock or fund — and most do exactly that. But there is a…
You finally have a chunk of money to invest — a tax refund, a bonus, an inheritance, the proceeds from a home sale — and…