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News
Suze Orman warns retirees annuities aren't as safe as they think — your guarantee is 'only as good as their balance sheet"
2+ week, 23+ hour ago (824+ words) Annuities are popular with many retirees because they offer what seems to be a guaranteed fixed income for the rest of your life. Financial advisor Suze Orman warns that they might not be as safe a bet as they seem....
‘An economic heart attack’: Ray Dalio says the US faces a debt crisis ‘in three years, give or take two.’ 5 things Americans can do now to protect their finances
2+ week, 4+ day ago (753+ words) Billionaire Ray Dalio warned last week that the U.S. is heading for a major debt crisis, likening the nation to a person on the verge of a heart attack. Dalio wrote that the U.S. will see around a $2 trillion budget shortfall this…...
Citibank exec warns delaying retirement savings could force you to save 3x as much — with $1.46 million now the 'magic number"
3+ week, 31+ min ago (960+ words) For David Poole, head of Citigold North America, the biggest retirement mistake he sees people making is putting off their retirement savings. “While we all face competing financial priorities, every year you delay saving is one less year your money…...
Florida real estate mogul says your home is ‘a terrible investment’ — and he’d put $100K somewhere else. Is he right?
3+ week, 1+ day ago (826+ words) South Florida real estate broker Todd Nepola has harsh words for anyone who believes buying a home is a smart investment. In a recent TikTok video from @hardtruthsceo, Nepola said point-blank, “A home is a terrible investment.” In fact, he…...
Betting retirement on the big game? Gen Z investors are gambling on sports as a financial plan
3+ week, 4+ day ago (586+ words) Around one in four Gen Z investors now prefer to choose sports betting as their primary plan for building wealth — and the NFL season starts in a few weeks. Findings from Betterment’s fourth annual Retail Investor Survey show that 26% of…...