Chris Kissell

1 week ago | financebuzz.com | Michelle Smith |Chris Kissell

The closer you get to retirement, the less time you have to shore up your retirement plan by contributing to a 401(k) plan. Fortunately, you still have the opportunity to boost your retirement savings account before leaving the workforce. Find out how much the average 65-year-old has in their 401(k), and learn strategies to maximize savings as your retirement date draws closer. How much does the average 60-year-old have in their 401(k)?

1 week ago | financebuzz.com | Sarah Sharkey |Chris Kissell

Automating savings can help you reach financial goals because you don't have to constantly remember to transfer money into investment accounts. Recent federal legislation — in the form of the 2022 SECURE 2.0 Act — will make this process easier. Many provisions tied to the act are going into effect this year. Here are some ways — including automation and other new features — that 401(k) plans are changing for the better, making it easier to prepare for retirement. 1.

1 week ago | financebuzz.com | Adam Palasciano |Chris Kissell

When interest rates shift, it's smart to re-evaluate your savings strategy. While certificates of deposit (CDs) can be a safe way to earn interest, not every CD on the market is a good deal right now. If your goal is to build your wealth without locking yourself into a bad product, it's worth knowing which CDs to skip. What is a CD? A certificate of deposit (CD) is a type of savings vehicle that pays a fixed interest rate over a set term, usually ranging from a few months to several years.

2 weeks ago | moneytalksnews.com | Chris Kissell

Science can claim many battlefield victories in the war on cancer. The overall rate of new cases is stable, and death rates are falling, on average, according to the National Institutes of Health (NIH). However, one disturbing trend has emerged: a rise in cancer diagnoses among younger people.

2 weeks ago | moneytalksnews.com | Chris Kissell

absolutimages / Shutterstock.comYou should be applying sunscreen every day — year-round — to lower the risk of skin cancer. But all that lathering up might be in vain if you use the wrong product, according to two recent reports. Consumer Reports says there are “major performance differences” among sunscreens, with some products offering less protection than promised by the SPF (sun protection factor) number listed on the label.