One of the most common questions when people hear I am a financial planner is some version of “Do you think I am on track for retirement?” The reality is most people could be saving more, but keep reading as we share the average retirement savings by age. Hopefully, this…

Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party settlement organizations. Here’s what you need to know. The IRS will treat 2023 as an additional transition year. If that…

The exchange traded fund known as the Communications Select Sector SPDR just hit new highs. Its top holdings include Meta Platforms FB (formerly Facebook), Alphabet (former Google GOOG ) and Disney (it’s still Disney). Investors looking for professional management and added diversification might look at the ETF. The Communications Select…

Places known for extreme weather are becoming popular destination spots. In fact, Sacramento and Las Vegas, which are known for severe heat, are the most popular destinations for relocating homebuyers, according to a new report by Redfin. And four of the 10 most popular destinations are in Florida, which faces…

The Department of Education withheld $7.2 million in payment to student loan servicers over several billing errors that triggered a delinquency status for borrowers as repayments picked up again at the start of October. In a statement, the Education Department said that loan servicer MOHELA failed to send billing statements…

There are five common reasons that aspiring homeowners are unable to get a mortgage, according to a new report. The top reasons lenders reject mortgage applications include prospective home buyers having a debt-to-income ratio that’s too high, having a low credit score or not having enough money in reserves, according…

Here’s a ray of sunshine amidst so much economic gloom. On Sunday, Javier Milei was elected president of Argentina on a stunning free market platform, by the biggest margin since the country returned to democracy in 1983. His most electrifying plank was replacing the peso with the U.S. dollar. That’s…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers…

The unofficial holiday known as Black Friday, now typically extended to include the three-day weekend following Thanksgiving, is traditionally one of the biggest shopping periods of the year, with over-eager consumers in years past literally falling all over each other to snag unbeatable deals. It’s no exception in the new-vehicle…

A new report from Apartment List by Chris Salviati reveals a surging supply of extra bedrooms amid rising demand for cash by seniors facing a retirement income crisis. This intriguing finding raises the question: Can seniors rent out their spare bedrooms to stave off low income in old age? It’s…