According to the Center for Retirement Research at Boston College, baby boomers born in the early 1960s have about $50,000 less saved for retirement when they reach their early 50s than those born in the late 1950s. That’s a tough statistic to swallow, and different aspects of the US economy are to blame. Great Recession’s…
In 2023, Donald Trump made news for missing out on The Forbes 400 list for the second time in three years. The Forbes 400, initiated by Forbes itself, ranks the top 400 wealthiest individuals in America. That said, former president Trump is far from poor; had he had $300 million more to his name when…
Inflation is cooling down. But as many Americans are realizing, that doesn’t correspond with a decrease in the cost of goods. So, some are looking for a cheaper state to move to. Forbes Advisor ran a study to determine the cheapest states to live in and those where hard-earned dollars don’t go as far. They…
Do you know what it takes to be a top 10% earner where you live? The income required to be in the top 10% varies greatly across states, so your guess might be more or less accurate depending on where you live. Find out what it takes to be in the top 10% in your…
Americans collectively owe $16,960,000,000,000 in debt. That’s $16.9 trillion, if all those zeros are making your head spin. It’s no secret that debt affects the mental health of many Americans. But not all of it affects us the same, according to an Innerbody survey. Mental Health’s Role Innerbody.com conducted a survey to assess how different…
The United States isn’t the only country in debt to other nations. China, known for its significant lending, is awaiting repayments from numerous countries. That said, China probably doesn’t hold a grudge against the countries that owe it money. In 2013, it launched the Belt and Road Initiative, inspired by the ancient Silk Road of…
The recent increase in cost of living is taking a toll on many Americans. But if you live in or are considering relocating to one of these most expensive cities in the United States, your bank account might have an even harder time adjusting. U.S. News & World Report gathered data from their personal internal…
Gas prices are a foe for many American consumers. Though they occasionally drop to manageable levels, they seem to be heading in the wrong (higher) direction most of the time. The strife Americans feel every time they pull up to the pump is nothing new. Gas prices have had peaks and valleys since World War…
Americans often categorize police officers along with teachers and other public service workers as being underpaid. But how much do police officers actually earn? ZipRecruiter crunched the numbers, pulling data from employer job postings and third-party data sources to determine the average police officer salaries in each state. While the numbers don’t show the full…
If current financial trends continue, the American middle class may find certain once-affordable items slipping out of reach. In the next five years, the costs of housing, healthcare, and transportation could surpass the average American household’s budget. Though this trend is troubling, there are things that can help, like solid financial planning and changes to…
