Gen Z switches retirement saving for sports betting
More than half of Gen Z adults ages 18 to 29 put money they had intended to invest for retirement into sports betting over the past year, according to a…
How caregiving can take a toll on retirement savings
People who are caregivers for an aging parent, spouse, or other family member, face greater financial strain, lower retirement confidence, and more worry about the future — and millions of…
Will airfares come down soon?
Now fuel costs are drifting downward, but that doesn't mean airfares will follow in any meaningful way soon.
SpaceX IPO is coming to your 401(k). Should you be concerned?
Elon Musk’s SpaceX (SPCX) went go public on June 12, splashing into the market at a targeted valuation of nearly $1.8 trillion. If you’re investing in a 401(k) for retirement…
Fidelity opens the door for small investors to get in on SpaceX IPO
Fidelity reduced the minimum account balance requirement for its customers to invest in SpaceX to just $2,000. The previous balance required was $100,000 or $500,000, depending on the IPO.
As airfares soar, cruise lines are on board with summer deals
AAA projects 21.7 million Americans will take ocean cruises this year, up from 14.2 million in 2019. The Caribbean is a popular destination, and summer deals are noteworthy, according to…
Young investors flock to social media for investing advice
A new report from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation dives into how investors use social media and follow “finfluencers” to inform their investment decis
IRA contributions outrun 2025 as tax deadline nears
It's time for that last sprint to make retirement account contributions for 2025. Yes, you can still put money for retirement away for last year. The deadline is tax day,…
Why retirement investors are shifting money abroad
Retirement investors are turning their attention overseas and putting more money into international stocks and emerging markets, according to Alight Solutions’ 401(k) Index. While trading levels in retirement accounts were…
Why your performance might not be reflected in your pay raise
More employers are doling out raises as across-the-board salary increases, also known as a flat “peanut butter” increase,