Columbus, OH

The Motley Fool

The average net worth numbers may not be what you expect.

Surprise! Here's the Average Net Worth for Americans in Your Age Group

Bank account balances vary significantly between lower-, middle-, and upper-class families. Find out exactly how much the richest Americans have in the bank.

Study Shows: Here's How Much Money the Richest Americans Have in the Bank

How much money we have in our bank accounts can have a big effect on our quality of life. Read on to see what the typical 35-year-old has right now.

Here's How Much Money the Average 35-Year-Old Has in the Bank

Social Security benefits got a 3.2% cost-of-living adjustment (COLA) in 2024, but two-thirds of retirees say their expenses have increased more quickly, meaning benefits lost buying power. The Senior Citizens League thinks benefits will get a smaller COLA of 2.6% in 2025, which is particularly bad news for retired workers...

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025, But the Latest Forecast Is Bad News for Retirees

The 2025 Social Security cost-of-living adjustment (COLA) is shaping up to come in lower than this year's 3.2% raise. The most recent estimate puts next year's COLA at 2.63%. While a smaller raise isn't wonderful, the reason behind it is a positive one for Social Security beneficiaries. It's definitely a...

Here's the Very Latest 2025 Social Security COLA Estimate

Delaware State

CBS News

The best state to retire in the U.S. is also one of the smallest, according to a new ranking. Based on its high marks for affordability, access to high quality health care, overall well-being and other categories, Delaware, known as the "First State," earned the top spot in Bankrate's annual ranking of the best states to retire in the U.S. In 2023, the state ranked No. 2, behind Iowa. "While you might not think of Delaware as a typical retirement haven, it has many strong selling points for retirees," Bankrate analyst Alex Gailey told CBS MoneyWatch. Bankrate ranked states based on their scores...

This state was named the best place to retire in the U.S.

A $25,000 savings account balance might seem too much. But is it? Read on to find out.

Is $25,000 Too Much to Have in Your Savings Account?

Fox Business

Only 30% of respondents to a survey knew that without reforms, Social Security beneficiaries face an automatic cut in benefits in the next decade.

Americans agree that something must be done to save Social Security: survey

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  Stowing your savings away in an interest-bearing account has been a lucrative move to make over the last couple of years. The interest rates on these accounts have been quite high, after all, with many high-yield savings accounts and certificate of deposit (CD) accounts offering annual percentage yields (APYs) that far surpassed the inflation rate. That, in turn, resulted in big payoffs for the savers who took advantage of earning interest in a high-rate environment.But the window to capitalize...

12 best CDs to open before rates are cut in September

A perfect FICO® Score is a rare feat. Find out how many Americans have made it to perfection -- and what it takes to reach it yourself.

How Many Americans Have a Perfect 850 Credit Score? The Number Might Surprise You

The best nationwide CD rate of 6.00% APY, offered by Nuvision Credit Union, is advertised as expiring on July 31. With the Fed appearing likely to cut interest rates this fall, we're unlikely to see another 6% CD this year. The next-best CDs currently pay 5.40% to 5.51% on terms...

Less Than a Week Left to Grab This 6% CD Rate With a Guarantee Until 2025

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

GOBankingRates

Although Social Security benefits typically increase every year based on the Social Security Administration's cost-of-living adjustment (COLA), the COLA does not always keep up with inflation and/or...

5 States That Would Be Hit Hardest by a Low Social Security COLA Increase in 2025

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

3 Reasons to Get a Synchrony Savings Account Before the End of August

Tennessee State

Almost every year, Social Security checks increase due to inflation. That increase, known as the cost-of-living adjustment (COLA), is set by the Social Security Administration by calculating the...

What the Average Social Security Check Would Be in Every State With the Most Recent COLA Estimates

The Wall Street Journal reported that "over four million Americans will reach traditional retirement age in 2024, more than any other time in history" and that with it, "workers miss out on billions...

This Common 401(k) Rollover Mistake Costs Americans Billions of Dollars

Is it worth switching banks for higher-yield savings accounts, even if the Federal Reserve cuts rates? See why near-zero interest accounts are costing you.

See How Much Money You're Losing ($100s per Year) With the Wrong Savings Account

With interest rates sitting at more than two-decade highs and inflation continuing to bear down on consumers, big banks are preparing to face more risks from their lending practices. Suggested Reading. In the second quarter, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo all raised their provisions for credit...

Banks are bracing for consumers to stop paying off their credit cards

While a rising cost of living has consumers of all ages reaching for plastic, people in their prime spending years are seeing the greatest impact on their balances, according to Experian data. Average credit card balances have increased the most for millennials and Generation X, much more than balances of...

Average credit card debt by age in 2024

While the best state to retire in the U.S. is also one of the smallest in the country, the worst state to retire is the largest. Alaska ranks as the worst state in the U.S. to retire for the third year in a row, according to Bankrate’s study of the best states to retire in 2024.

The 10 worst states to retire in the U.S.—No. 1 isn’t California or New York

NewsBreak

10% of Americans Have in Banks 16 Times the Amount Held by the Median American

A significant portion of Americans do not possess substantial savings. According to the Federal Reserve’s Survey of Consumer Finances, the median balance in Americans’ transaction accounts,...

10% of Americans Have in Banks 16 Times the Amount Held by the Median American

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