Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh a financial decision. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns by emailing our columnist at [email protected]. Wedding season…
A debt-ceiling dilemma, regional-banking woes and the market’s apparent predilection for ultralow interest rates have one common factor, according to Jim Grant, prominent author of Grant’s Interest Rate Observer: The Federal Reserve. Grant has been a particularly tough critic of the central bank, which he says has caused a lot of…
There’s a lot of numbers to weigh when it comes to retirement—but what’s your number? Working Americans think they need $1.1 million to retire, according to the Schroders 2023 U.S. Retirement Survey, but how does each individual really figure out what they will need in a retirement that could last decades?…
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.The Federal Reserve has increased its benchmark…
Dear MarketWatch, My husband and I would love to retire on a nice, quietish lake an under 11-hour drive from Los Angeles. Our budget is around $500,000 for two to three bedrooms. Any suggestions? Thank you, Kristin Dear Kristin, Living on the water tends to cost a small fortune and…
Unquestionably, the best time to retire is after you have accumulated more money than you will ever need.But that’s not possible for everyone, and today I’ll show you how to retire with savings that aren’t necessarily as ample as you’d like.This is Part 5 in a series of articles I…
I credit Google, the pandemic and my love of the water for my start in athletic rowing at 57 years old. A move to Florida in the first months of the pandemic left me searching for an outdoor activity where I’d feel safe from COVID. I searched “Orlando rowboat,” thinking…
I’m afraid to bring this up with friends in case they call me a “Karen” or tell me I’m being selfish or a skinflint. Over the past 12 months, I have seen my rent go up by 25%. I’m paying $3,200 for a one-bedroom apartment. I will never be able…
As millions of Americans put in orders for flowers, massages, and other treats for Mother’s Day, working mothers spoke to MarketWatch about the “mom tax” or “motherhood penalty” – a toll that impacts women when they become mothers and raise a child, by increasing their responsibility at home and limiting…
The 2023 rally by the S&P 500 index is being led by megacap tech-related stocks, whose weighting in the index is at a historically high level. That’s sparked a lot of worry about the durability of the bounce. The S&P 500 SPX, -0.16% is up more than 7% so far…