Personal Finance

2 Best Dividend ETFs to Buy Now: SCHD vs.  VYM |  Personal Finance

2 Best Dividend ETFs to Buy Now: SCHD vs. VYM | Personal Finance

Today, I break down my two favorite dividend ETFs, Schwab US Dividend Equity ETF (NYSEMKT: SCHD) and Vanguard High Dividend Yield ETF (NYSEMKT: VYM). These dividend ETFs are excellent for passive income in early retirement, or as portfolio diversification. The below video does a side-by-side ETF comparison of SCHD vs. VYM. I break down expense …

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How Many Years of Maxing Out a 401(k) Does It Take to Become a Millionaire?  |  Smart Change: Personal Finance

How Many Years of Maxing Out a 401(k) Does It Take to Become a Millionaire? | Smart Change: Personal Finance

(Chuck Saletta) Your 401(k) can be an incredibly powerful tool when it comes to building a comfortable nest egg for your retirement. Once you sign up, money gets automatically invested, directly from your paycheck. While in the account, the money compounds in a tax advantaged way for your retirement. In addition, contribution limits are large …

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Opinion |  Personal financial training is great, but it's not enough

Opinion | Personal financial training is great, but it’s not enough

Placeholder while article actions load Regarding the June 13 editorial “A worthwhile requirement”: We applaud The Post’s recommendation of financial classes for all high school students. However, the misalignment between schooling and the world of work is a much larger problem, demanding transformational change. Nationally, 15 percent of high school students don’t graduate on time, …

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How Many Years of Maxing Out a 401(k) Does It Take to Become a Millionaire?  |  Smart Change: Personal Finance

How Many Years of Maxing Out a 401(k) Does It Take to Become a Millionaire? | Smart Change: Personal Finance

(Chuck Saletta) Your 401(k) can be an incredibly powerful tool when it comes to building a comfortable nest egg for your retirement. Once you sign up, money gets automatically invested, directly from your paycheck. While in the account, the money compounds in a tax advantaged way for your retirement. In addition, contribution limits are large …

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7 Things Medicare Doesn't Cover |  Smart Change: Personal Finance

7 Things Medicare Doesn’t Cover | Smart Change: Personal Finance

Kate Ashford By the time you turn 65, you probably have a good feel for what health insurance does and doesn’t cover. But Medicare is a different beast — and there are some surprising things that don’t fall under Medicare’s umbrella. Medicare is the federal government’s health insurance coverage for people age 65 and older, …

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What Millennials Should Know About Personal Finance Planning

What Millennials Should Know About Personal Finance Planning

Millennials, the demographic cohort that makes up 34% of the country’s population, have had a ringside view of the world’s digital transformation. Their needs have expanded to fit their here-and-now approach to life, and so have the means to satiate those needs. Whether it’s a mundane task or a significant life decision, convenience comes as …

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3 Common Investing Mistakes People Make During Recessions

3 Common Investing Mistakes People Make During Recessions

Financial planners say investors typically make rash decisions out of fear during recessions. Avoid investing in something trendy, like crypto, if you didn’t understand it before the recession. Don’t sell everything out of fear without looking at your long-term goals. Loading Something is loading. An estimated 20 million Americans started investing in the stock market …

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Should You Pull Your Money Out of the Stock Market Right Now?  |  Smart Change: Personal Finance

Should You Pull Your Money Out of the Stock Market Right Now? | Personal Finance

(Maurie Backman) To say that this is a difficult time to be an investor would be an understatement. With major market indexes being down significantly, a lot of people are seeing losses in their portfolios. And if you’re one of them, you may be inclined to ditch your stocks before more damage ensues. But pulling …

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These 3 Common Retirement Expenses Are an Unwelcome Surprise to Too Many Seniors |  Smart Change: Personal Finance

These 3 Common Retirement Expenses Are an Unwelcome Surprise to Too Many Seniors | Smart Change: Personal Finance

(Kailey Hagen) Retirement changes a lot, but our budget doesn’t always change as much as we might hope. While some people see their monthly expenses decrease significantly after they leave the workforce, others don’t. These three expenses in particular often catch seniors off guard. Take some time to review your retirement plan and make sure …

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3 Social Security Secrets for Even Bigger Checks |  Smart Change: Personal Finance

3 Social Security Secrets for Even Bigger Checks | Smart Change: Personal Finance

(Selena Maranjian) Psst! Guess what? You may be just assuming that your Social Security checks will be whatever they will be and that you can’t control how big they are. If so, you’re wrong. There are plenty of ways you can beef up those benefits — especially if retirement is not around the corner. For …

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