Aleksandarnakic | E+ | Getty Images When it comes to retirement, Americans have a new number in mind — $1.46 million — for how much they think they will need to live comfortably, according to new research from Northwestern Mutual. That estimate is up 53% since 2020, when Americans said they would need $951,000, as
Personal finance
Maskot | Maskot | Getty Images Wage growth has cooled from its scorching pandemic-era pace. But there are still pockets of heat. Workers are getting relatively big annual raises in occupations like legal, dental, child care, cleaning and sanitation, and medical information, for example, according to a new analysis by job site Indeed. Nationally, wages
President Joe Biden delivers remarks on canceling student debt on February 21, 2024 in Culver City, California. Mario Tama | Getty Images News | Getty Images President Joe Biden has announced his student loan forgiveness do-over plan. Biden rolled out the details of his Plan B less than a year after the Supreme Court struck
Simpleimages | Moment | Getty Images You don’t have to scroll far to find the #tradwives and #SAHGs (stay-at-home girlfriends) of social media who glamorize the extremes of domesticity, or the wives in Dubai who film their extravagant errands, such as picking up a Cartier bracelet and stopping for a facial on the way home.
U.S. President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House in Washington, D.C., on Aug. 24, 2022. Evan Vucci | AP The Biden administration announced Friday that it will forgive $7.4 billion in student debt for 277,000 borrowers. The latest round of loan cancellations is a result
urbazon Tax Day is almost here and you have “options” if you can’t pay by the deadline, according to the IRS. April 15 is the federal due date for most taxpayers to file returns and pay levies — even with a tax extension, which pushes the filing deadline to Oct. 15. That’s the “biggest misconception”
PhotoAlto/Dinoco Greco Getting a college degree seems increasingly less appealing. Higher education, as a whole, is under pressure, experts say. Rising college costs and ballooning student debt balances have caused more students to question the return on investment. As a result, fewer students are going that route. College degree earners fall nearly 3% For the
millann | Getty If you are racing to file taxes, you could miss another key deadline: the April 15 due date for first-quarter estimated tax payments. Estimated tax payments typically apply to earnings from gig economy work, freelancing, small business, retirement or investing, which may have no tax withholdings. If you expect to owe at
Kosamtu | E+ | Getty Images Investors are jittery following a hotter-than-expected batch of inflation data on Wednesday, suggesting the fight to rein in consumer prices may take longer than expected. But there are categories of goods and services that have deflated — that is, their prices have actually dropped. Consumers have primarily seen prices
A customer picks up a seasoning at a supermarket in Tokyo on February 27, 2024. Kazuhiro Nogi | Afp | Getty Images New government inflation data released on Wednesday came in hotter than expected. That may not be a surprise to consumers who are still feeling the weight of higher prices. Inflation — as measured
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty Images The Biden administration is moving ahead quickly with its new student loan forgiveness plan, with hopes of starting to wipe out people’s debts as soon as this fall. That
Cavan Images | Getty Images If you need more time for your taxes, there’s a quick, free way to file a federal tax extension online, according to experts. This season, 1 in 4 Americans don’t feel prepared to file their taxes — and 29% admit to procrastinating — according to a January survey from IPX1031,
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