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Survey: A growing number of retired people are spending more than they can afford. Here’s how you can save for retirement

According to a survey by the Employee Benefit Research Institute, (EBRI), a growing number of retired people are living beyond their means in this year’s financial year. According to the Spending in Retirement Survey, more than 25% of retired people are spending “much higher or a lot less than they can afford” by 2022. This …

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Homeowner Couple

The costs of homeownership are important information for first-time buyers

The most expensive purchase you will make in your entire life is buying a house. Closing costs, which can be anywhere from 2% to 5% on top of the purchase price of the house, can also add to the total cost. This is just the beginning. Routine maintenance, annual property taxes, and increases in homeowners …

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