The Latest Breaking News on Personal Finance

Conventional wisdom dictates that you save in a 401(k) now and pay taxes later, but turning that rule on its head could leave you far better off. A financial planner explains why.

In some ways, renting is cheaper, more flexible and easier, but unless you understand the implications for your taxes and health costs, it might not be for you.

As prices rise, we look at whether schemes such as Tesco’s Clubcard and Sainsbury’s Nectar are a good deal

For decades, Gerald followed every piece of financial advice he could find. He maxed out his 401(k), stayed invested through downturns, and even bought a modest rental property for extra income. Now, at 61, with $2.8 million saved, no mortgage, and two grown children, he should feel ready to relax.…

Whether retirement is a dream in the distant future or right around the corner, planning is essential.

A recent episode of “The Ramsey Show” featured Doug from Connecticut, who called in to ask a question that many listeners might relate to: Should he use his savings to pay off a 0% interest car loan?

Simple and inexpensive changes can make a big difference to bills across the cold winter

An effective tax of more than 60 per cent can mean your salary bump could actually cost you money

Your will is the backbone of a strong, adaptable estate plan that ensures what you leave behind goes to your selected beneficiaries. Without a will, state laws determine who gets your assets.

Here’s how to spend guilt-free when you are in retirement.

Most large banks issue preferred stocks that pay out fixed dividends, often with higher yields than bonds. Should you make room for them in your portfolio?