Income is up for the bottom 99% at the fastest pace in 15 years. But... income inequality worsened in 2014. The richest 1% saw their income grow three times as fast as it did for the rest of us.» Read More
U.S. personal income rose 0.4% and personal spending increased 0.3%, reports CNBC's Rick Santelli.
While saving for retirement is a traditional approach, other methods are often needed to fund nest eggs. For many, there's nothing better than the family home — especially if the mortgage is paid off.
Uncertainty about making the right retirement moves is rife among the vast baby boomer generation. With 10,000 boomers turning 65 every day for the next 18 years, according to the U.S. Census Bureau, one thing that isn’t being downsized is concern about where and when to retire.
The financial hurdles of student loans, a weak housing market, and high unemployment are shaping this generation’s savings rate, with no end-date guarantee.
Saving for retirement isn't enough. Protecting your nest egg is essential to secure your financial future over the long-term.
March housing starts are down 5.8 percent, the lowest number since October. Oliver Chang, Morgan Stanley head of U.S. strategy and research, weighs in on what needs to be done to boost housing.
High earners worried that this year’s Tax Day will be the last before their rates rise have more than the White House and Washington to blame. They can also look to two academically revered French economists whose work is the subtext for the battle over tax fairness.
Though they admit comparisons are tricky, economists generally view public retirement benefits in the United States as less generous than those in many other wealthy nations.
With 10,000 Americans turning 65 every day, many Baby Boomers are making a decision: what will be their retirement age?
Retirement — especially in the global economy of the 21st century in which jobs are scarce and life-prolonging medical procedures plentiful — may be the financial challenge of our lives. Our special report examines the different challenges of three American generations (Boomer, X, and Y).
Baby boomers, with their inheritances, homes, and old-fashioned pensions, may appear to be on track for a solid retirement — but some experts say the forecast for the generation born from 1946 through 1964 isn’t necessarily so rosy.
Gen X is the first generation to deal with the changing models of American retirement—and its members are flustered. The generation once called “slackers” has been true to form with retirement planning.
Is your IRA running at full throttle? Many people don’t realize that IRAs are not set-it-and-forget-it retirement vehicles. They need regular tune-ups to make certain they are producing enough to fund your retirement goals.
If the MasterCard and Visa security breach is real as many as 10 million cardholders may get phone calls about suspicious activity on their accounts.
The Mega Millions Jackpot now stands at $640M and Richard Lustig, a 7-time lottery winner, discusses what to do if you win.
CNBC's Jane Wells reports Apple's plan to "green" its image by building a powerful data center that could potentially draw 10-15 percent of its power from solar energy.
Not all states are created equal. Read ahead to see which states have the best credit scores in the country.
You haven't done your taxes yet, have you? Yep, I figured. Me neither! Is your city on the top 10 most tax-procrastinatinest cities? Click ahead to find out!
April is the month with the deadlines for IRA contributions and mandatory IRA withdrawals and the deadline for your 2011 IRA contribution is April 17, 2012.
The good news is Americans are living longer. But the worry for many retirees is that they'll outlive their savings.