Financial planners recommend saving around 75% of your pre-retirement income for retirement. Using the 4% rule, you can calculate how much you need to save in total.

It has steadily increased its monthly dividend payment over the years. The BDC also periodically pays supplemental quarterly dividends. One of my top financial goals for 2026 is to grow my passive ...

At 10% per year, $40,000 grows to roughly $104,000 after 10 years. Stretch that timeframe to 20 years and the same capital ...

After closing enrollment in July, the Department of Education has now reopened two of its income-driven repayment plans: Pay as You Earn and Income-Contingent Repayment. As of Dec. 16, 2024, borrowers ...

Make your savings a source of income in the new year. By making small changes to traditional investment methods like FD ...

Almost all workers who are saving in 401(k) plans say it is important for their retirement plans to provide options for converting savings into guaranteed monthly retirement income that never runs out ...

Do you want tax-free monthly income from your TFSA? Firm Capital’s essential mortgages fund a high-yield payout; just monitor credit risk and diversify.

The Department of Education announced Wednesday it is reopening applications for income-driven repayment plans for federal student loan borrowers. IDR plans allow borrowers to make monthly payments ...

David Chatman, 51, said he's going through bankruptcy proceedings because he cannot afford his student-loan payments without the SAVE plan.