Municipal bonds or munis are inarguably the safest long-term investments and highly popular among investors. In 2019, municipal bonds recorded their highest returns in five years. In fact, the Bloomberg Barclays Municipal Index rose 7.5 percent. These inherently safe investments are a type of loan made to the state or local governments to help them ...

People in their mid-careers (above 40 and early 50s) can find themselves at an odd place. As far as their career is concerned, they have reached a significantly strong position of power, with consistent salaries, and stable work routines. But on the contrary, their personal position may be dwindling with piling mortgages, loans, credit card ...

Retirement planning is essential for sustaining a balanced and comfortable life in your later years. People are generally inclined towards traditional retirement options like 401(k)s, individual retirement accounts (IRAs), Roth IRAs, mutual funds, fixed income plans, and general retirement accounts. However, there is one more option that can feature in your retirement plan. Immediate annuities ...

Retirement is an important phase of life, and regardless of your current net worth, financial planning for your retirement years is necessary. Planning for your golden years is just like planning for any other important long-term goal. It requires decades of hard work, strong resolution, and a mindset to build a sizeable corpus which would ...

With advancements in modern medicine, people today live longer than their ancestors. America is expected to have 589,000 centenarians by 2060, as opposed to 82,000 in 2016. While humans have been chasing the idea of a long life for many decades, the one problem that people are still tackling is generating enough income.  For a ...

If you thought you could only gain from an increase in the value of your portfolio, you may not be entirely correct. While you indeed gain when the value of the assets in your portfolio increases, you can also substantially benefit when the value of some assets decreases. This is possible by a mechanism called ...

Handling money is tough. You need to set a budget, prioritise spending, invest wisely, set financial goals, and periodically track them. While setting financial goals might appear easy, it is very important to track these targets to ascertain how fruitful your fiscal strategies have been and if any changes are needed.  Financial goals are unique ...

Although retirement planning involves decisions that affect your future, it is an activity that forms a part of your present financial plans. People generally perceive retirement one-dimensionally and plan for a comfortable future by simply cutting down on their expenses and living frugally. While frugal living is an effective way to save for retirement, it ...

The 21st century has been quite an interesting time for people from all walks of life. Whether it is politics, entertainment, business, or finance, the world has seen many surprises, advancements as well as downfalls. The finance industry, in particular, has seen several economic downturns and crashes and has also successfully recovered from them. The ...

Is the mere thought of retirement giving you sleepless nights? Well, you are not alone. According to a recent survey conducted by Bankrate, 36% of Americans are losing sleep over financial concerns. The life expectancy is high in the U.S., a baby boomer is expected to live for an average of 78 years. These statistics ...