Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
A credit score is used by banks and other lenders as a metric for how responsible borrowers are with their debt.
401(k) hardship withdrawals enable a person to access some of the money in their 401(k) plan in the event of some sort of financial hardship. But this money is not without strings attached.
Many people wonder whether it would be better for them to hire a financial advisor to manage their investments or to pursue a do-it-yourself approach. The truth is, many people can successfully manage their investments themselves...
According to the most recent data from the US Bureau of Economic Analysis, Americans saved just 2.6% of their disposable incomes in the month of April. Is that enough to put them on a path to retirement?
Imagine the stock portion of your portfolio has declined by 30%. How do you feel? Now I want you to take this lifeboat drill a step further and imagine the stock portfolio is still down 20% or 30% a year later. How do you feel then? What about two years later?
Savers often get stuck choosing between investing their money or paying off debt. There are many things that must be considered when making this decision, both the objective mathematical considerations and also the human emotional side as well.