The Latest Breaking News on Personal Finance

A candid Reddit post from a tech worker approaching 40 has sparked widespread discussion about wealth benchmarks, retirement planning, and the psychology of financial success. Despite having accumulated $700,000 in liquid investments with his wife and maintaining strong financial habits, the original poster feels “perilously behind on building wealth.”

Inflation is likely to hit 4% - so make sure your interest rate is above that while still possible

Dividend investing could be draining your wealth with unexpected costs and limited growth potential. Here are some downsides, along with smarter strategies to take control of your retirement income.

For some retirees, a bigger home is better.

First, ask yourself what kind of retirement you want: big and splashy or simple and sweet. Then you can run the numbers to help choose just the right moment.

Taxes on benefits haven't been eliminated, and based on current projections, the program isn't going bankrupt. Understanding the truth about Social Security and knowing what you can control can help you better prepare for retirement.

The government is urging people to act before 24 August after it expanded eligibility for the £150 discount

Social Security, the nation's largest retirement program, turned 90 this week but is anticipated to face the threat of insolvency by 2032, a crisis that could slash benefits by nearly a quarter and deepen partisan divisions over how to preserve the program.

Personal finance expert Dave Ramsey delivered tough love to a 30-year-old caller considering buying a home with her parents, warning the move could trap her in lifelong financial dependence.

The new tax legislation offers unique opportunities to make smart financial moves and save on taxes, especially for people nearing or in retirement with significant savings.

It is supposed to be easy.