Money

1 day ago | money.com | Martha C. White |Katherine Peach

Retirement doesn’t just affect your wallet; it also has a big impact on your well-being. Still, only about 1 in 10 Americans are equipped for this transition. In a recent survey of financial planners, only 11% said their clients were prepared for the mental ramifications of retirement. Although building a nest egg by saving and investing is an important part of preparing for retirement, experts say it’s not the only thing you need to do before you clock out for the final time.

2 days ago | money.com | Adam Hardy |Katherine Peach

Most Americans seriously underestimate the cost of caregiving for themselves or a loved one when they can no longer cook, clean, bathe or do other basic daily tasks on their own. Of U.S. workers who said they expect to provide long-term care in the future, 8 in 10 estimate the cost at under $100,000 a year, according to a new study from the nonprofit Employee Benefit Research Institute, or EBRI.

2 days ago | money.com | Mallika Mitra |Martha C. White |Jordan Chussler

*Rates and APYs are subject to change. All information provided here is accurate as of April 30, 2025. When you’re building up your emergency fund or saving for short-term goals such as a vacation or new car, it’s important to put your money somewhere where it’s easily accessible. But with interest rates so low on traditional savings accounts, you’re not likely to see that money grow much more than you would if you stuck it in a piggy bank.

2 days ago | money.com | Liliana Hall |Julia Glum

Two years ago, I ditched my paid-off 2015 Ford Focus for a cherry-red moped, like any normal person would. I wanted to cut my expenses drastically, and trading four wheels for two just made sense for my lifestyle. Since then, I’ve saved more than $4,000 a year. But when the Trump administration rolled out its auto tariff plan in late March, doubt washed over me. I began second-guessing my decision, worrying that not having a car now would cost me more later.

5 days ago | money.com | Martha C. White |Julia Glum

Looking to sell your home faster? Home staging might be your secret weapon. A new report finds that roughly half of staged properties — meaning ones that have been furnished and decorated to show off their best features — spend less time on the market than the typical home. About 30% of the time, staged homes sell for more money, as well.