Brad Tuttle

Aug 28, 2024 | money.com | Pete Grieve |Brad Tuttle

The dream of getting rich from crypto came true for thousands of investors in the past year. From July 2023 to June 2024, the number of bitcoin millionaires increased to 85,400, up 111% in the one-year period, according to a new report from Henley & Partners, a U.K.-based residence and citizenship planning firm. Meanwhile, the number of overall cryptocurrency millionaires — those with crypto holdings of $1 million or more — increased 95%, rising to 172,300.

Aug 23, 2024 | money.com | Pete Grieve |Brad Tuttle

Who qualifies as rich today? The bar for being considered wealthy is shifting, as most people now believe that merely being a millionaire doesn't cut it. An annual survey from Charles Schwab asks Americans how much net worth it takes to be wealthy. This year, the average answer was $2.5 million, up from $2.2 million in the last two iterations of the survey. Older generations and residents of expensive cities like San Francisco had the highest thresholds for what net worth qualified as wealthy.

Aug 22, 2024 | money.com | Pete Grieve |Brad Tuttle

The sub-$20,000 car is nearly extinct. New cars starting under $20,000 have all but disappeared following massive price increases over the past five years and a decline in the manufacturing of budget vehicles. There's only a single vehicle left under that price for the upcoming model year — and its days are numbered too. Mitsubishi recently confirmed the Mirage, which starts at $16,695, is being canceled and will not be included in the Japanese automaker’s 2025 lineup.

Aug 22, 2024 | southfloridareporter.com | Pete Grieve |Brad Tuttle

More than 70 million Americans receive monthly Social Security checks. Over 180 million current workers are paying into the system and expect benefits down the line. But the program is running out of money. So naturally, proposals are swirling on both sides of the political aisle to make changes to Social Security as the clock ticks toward a projected 2035 depletion date. Experts recommend addressing the problem sooner rather than later, and 87% of Americans agree with that sentiment.

Aug 21, 2024 | money.com | Pete Grieve |Brad Tuttle

More than 70 million Americans receive monthly Social Security checks. Over 180 million current workers are paying into the system and expect benefits down the line. But the program is running out of money. So naturally, proposals are swirling on both sides of the political aisle to make changes to Social Security as the clock ticks toward a projected 2035 depletion date. Experts recommend addressing the problem sooner rather than later, and 87% of Americans agree with that sentiment.