The average American spends 32.9 percent of their annual income on housing, 17 percent on transportation, and 12.5 percent on groceries. That totals to more than 60 percent of their pay. Healthcare, education, and clothing are more expenses and may exceed the remaining 38 to 40 percent. When you factor in emergencies and miscellaneous needs,...Read More
How much money do you need to retire? It’s one of the most difficult questions you’ll ask yourself as you approach your 60s. There are hundreds of retirement calculators out there that aim to help you assess how much money you’ll need when you call it quits. The vast majority claim to be able to...Read More
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