But the truth is in the returns: Index funds routinely clobber funds actively managed by professional stock pickers. Last year was no exception, according to a new BofA Global Research report. Funds run by the pros had a heck of a time beating the returns of passive indexes that track US large-cap equities. Read on ... Read More

No one ever wants to look back in regret. But for many retirees, that’s the reality. Not to be a downer at this fresh start time of year, but it’s useful to hear retirees’ regrets — especially if you’re closing in on retirement yourself. “Despite improvements in savings habits and financial engagement, many retirees regret ... Read More

New data from the Bureau of Labor Statistics telegraphs guarded optimism for an uptick in hiring in the months ahead. The economy added 256,000 jobs in December, the Labor Department reported on Friday, beating expectations. The unemployment rate edged down to 4.1%. While it’s early in the new year, confidence from business leaders could translate into a boost ... Read More

A bit of positivity as we skate into the holidays pops out of a new report from The Pew Research Center on how Americans view their jobs. Overall, US workers are upbeat about their level of job security, and relatively few expect to look for a new job in the coming months. I was pleased to discover ... Read More

Passenger numbers are expected to reach 5.2 billion in 2025, up 6.7% from this year and exceeding the 5 billion mark for the first time, according to a forecast out this week from the International Air Transport Association (IATA). The wanderlust is real — 4 in 10 travelers surveyed by the group said they expect to ... Read More

Whats’ new for retirement savings in 2025 – Kerry Hannon Skip to content Saving for retirement will get a modest boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act, which became law at the end of 2023. Post navigation

That experience, paired with his connection to people in the FIRE movement, which stands for “financial independence, retire early,” launched him into personal finance blogging and becoming the host of the “Earn & Invest” podcast six years ago. In his new book, “The Purpose Code: How to Unlock Meaning, Maximize Happiness, and Leave a Lasting ... Read More