Monthly wealth stream

Stop Basing Your Retirement Savings on This Outdated Assumption monthlywealthstream

You could end up regretting it. The type of retirement account you choose to invest in will make a huge impact in how you access your money — and how much income your account provides — once you become a senior. Unfortunately, far too many people end up selecting an account intended to secure their […]

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Bitcoin soared in 2024. How much — if any — should you own? monthlywealthstream

A bitcoin ATM in Miami.  Joe Raedle | Getty Images News | Getty Images Bitcoin prices soared in 2024. But you may want to tread with caution before euphoria leads you on a hasty buying spree. Bitcoin and other crypto should generally account for just a sliver of investor portfolios — generally no more than

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I’m Nearing Retirement at 62. How Should I Arrange My Portfolio at This Point? monthlywealthstream

A man who is approaching retirement reviews his investment portfolio. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. For many people, retiring feels like crossing a finish line. You have spent your working years building wealth, and now it’s time to manage and spend that money. By

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If the New York Child Tax Credit Is Expanded, Families Could Save or Invest More monthlywealthstream

Key Takeaways New York Governor Kathy Hochul has proposed expanding the Empire State Child Credit to increase its value and open its eligibility to more New Yorkers. If the proposal is approved, jointly filing households earning up to $110,000 can claim the full expanded tax credit, which is worth up to $1,000 per child. The

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Here are the top regrets most people share monthlywealthstream

Living life without regrets is impossible, says bestselling author Daniel Pink. Regrets are a fundamental part of life, and instead of running from or avoiding them, you should optimize them — using your mistakes as opportunities to learn, grow and teach others, Pink recently told “The Oprah Podcast.” “Everybody has regrets. It’s one of the most

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CD rates today, January 11, 2025 (best account provides 4.25% APY) monthlywealthstream

Today’s certificate of deposit (CD) interest rates are some of the highest we’ve seen in more than a decade thanks to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate this month, so now could be your last chance to lock in a competitive rate. CD rates vary widely

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If You’re One of the 4.1 Million People Retiring in 2025, Open a CD Before Rates Decrease monthlywealthstream

Key Takeaways More than 4.1 million Americans are expected to retire this year, according to one report. If you don’t have a retirement account that can help you sustain your living expenses, consider opening a CD with a high interest rate before rates drop later this year. CDs provide a safe and predictable way for

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