Many retirees spend only 2% of their savings annually, half the recommended 4% withdrawal rate, potentially limiting retirement enjoyment. Understanding retirement phases and adjusting spending can enhance retirees’ quality of life.
Comprehensive 2025 year-end financial planning guide covering tax law changes under OBBBA, retirement savings strategies, rising health care costs, Medicare premium updates, and insurance market shifts to optimize tax benefits and manage risks.
Explore U.S. student loan refinancing options, comparing rates, terms, credit requirements, and impacts on federal loan benefits. Use refinance calculators to estimate savings and make informed financial decisions.
Discover CNBC Select's Get Money tool, a free online resource offering personalized financial product recommendations based on your cash needs and credit profile. No personal info required.
Over half of Americans aged 50-64 carry credit card debt, complicating retirement planning. Strategies like refinancing and cost-cutting on auto insurance can help manage high-interest costs as estates, not heirs, are responsible for debt after death.
Explore why many older U.S. homeowners are considering downsizing amid high home equity and rising insurance and maintenance costs, and how current market trends impact their decisions.
Explore how middle-class spending on housing, vehicles, dining, home improvements, and travel impacts wealth building and financial flexibility in the U.S.
Explore how certificates of deposit (CDs) can enhance emergency savings strategies amid rising U.S. layoffs. Learn about CD laddering, interest rates, and deposit insurance for financial resilience.
Exploring the gap between financial security and life satisfaction among U.S. retirees, a new study highlights the modest impact of financial status on retirement satisfaction. Ninety-two percent of retirees express satisfaction, suggesting a need to reevaluate retirement success measures.
Explore the re-evaluation of traditional retirement rules to create a personalized strategy. Get expert insights on financial planning for retirement.
