Retirement Savings vs. Emergency Funds: How to Prioritize

Retirement Savings vs. Emergency Funds: How to Prioritize

Jamie Grill | Getty Images More from The New Road to Retirement: Here is an overview of retirement news. More than half of savers prioritize short-term financial goals in 2023, including emergency savings, according to recent research by Fidelity Investments. And a recent Personal Capital survey revealed that building an emergency fund is a top … Read more

Retirement Savings vs. Emergency Funds: How to Prioritize

Retirement Savings vs. Emergency Funds: How to Prioritize

When your budget is tight, it can be difficult to choose between retirement savings and your emergency fund, especially during uncertain economic times. Although the 401(k) contribution limit has jumped to $22,500 for 2023, experts say you shouldn’t forego emergency savings to maximize your plan. Jamie Grill | Getty Images More from The New Road … Read more

Here’s how to check financial advice online via social media

Here’s how to check financial advice online via social media

In the age of social media influencers, some investors are turning to platforms like YouTube, TikTok and Instagram for answers to their most pressing financial concerns. But advisers recommend careful consideration when seeking advice online, especially when weighing financial decisions with the possibility of adverse consequences. “Because social media is democratized and everyone has a … Read more

Here’s how to check online financial advice via social media

Here’s how to check online financial advice via social media

In the age of social media influencers, many investors are turning to platforms like YouTube, TikTok, and Instagram for financial advice. But advisers recommend careful consideration when seeking advice online, especially when making important financial decisions. “At no time should you take a tweet or message and act on it,” said Douglas Boneparth, a member … Read more