The rich are, indeed, getting richer. Across 25 U.S. cities, wealth is substantially growing for rich Americans. The Wall Street Journal recently reported that the U.S. economy is currently quite.
Every 20-, 30- and 40-something is unique, same as every teenager and senior and that's why stage-of-life financial advice is so hard to give. Even so, it is possible to outline a savings horizon.
They say that true friendship can stand the test of time, providing a steady supply of support through thick and thin. But what happens when you're richer (or poorer) than your friends? When it comes.
Experts recommend that everyone have an emergency fund, a financial buffer that helps you prepare for unexpected costs, potential layoffs and other emergencies that take a bite out of your bank.
As a retiree, your banking needs will likely change, since you're no longer working full time and are likely transitioning towards trying to live off your investments. The good news is that numerous.