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17 hours ago
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Top EU official says ‘Trump is right' that China is a ‘serious problem' that threatens us all — here's why
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. European Commission President Ursula von der Leyen hasn't shied away from criticizing U.S. President Donald Trump — especially when it comes to his sweeping tariffs. But lately, the two have aligned on a shared concern: China. 'When we focus our attention on tariffs between partners, it diverts our energy from the real challenge — one that threatens us all,' von der Leyen said during the 'Global economic outlook' roundtable at the G7 Leaders' Summit in Kananaskis, Alberta. 'On this point, Donald is right — there is a serious problem,' she admitted. 'The biggest collective problem we have has its origins in the accession of China to the WTO in 2001 … China has largely shown ... unwillingness to live within the constraints of the rules based international system.' Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 4 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how In particular, von der Leyen accused China of 'undercutting intellectual property protections' and providing 'massive subsidies with the aim to dominate global manufacturing and supply chains.' She said China's actions don't reflect fair market competition, but instead represent 'distortion with intent,' which she warned undermines the manufacturing sectors of its trading partners. In her statement, von der Leyen urged G7 nations to confront the issue together, noting that the bloc represents 45% of global GDP and more than 80% of global intellectual property revenues — leverage that could be used to pressure China. The European Commission chief also revealed she is 'working closely' with Trump on a mutually beneficial trade agreement. Her remarks echo Trump's long-standing warnings about China — and add momentum to the broader push among Western nations to rethink their economic ties. For investors, it could be a wake-up call: When global power shifts, it pays to have something solid in your corner. With global tensions rising and major economies reassessing their trade ties, investors are turning to assets that can hold up in turbulent times. One that continues to stand out, according to legendary hedge fund manager Ray Dalio, is gold. 'People don't have, typically, an adequate amount of gold in their portfolio,' Dalio told CNBC earlier this year. 'When bad times come, gold is a very effective diversifier.' Long seen as the ultimate safe haven, gold isn't tied to any single country, currency or economy. It can't be printed out of thin air like fiat money, and in times of economic turmoil or geopolitical uncertainty, investors tend to pile in — driving up its value. Over the past 12 months, gold prices have surged more than 40%. One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Goldco. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those seeking to ensure their retirement funds are well-shielded against economic uncertainties. Goldco offers free shipping and access to a library of retirement resources. Plus, the company will match up to 10% of qualified purchases in free silver. If you're curious whether this is the right investment to diversify your portfolio, you can download your free gold and silver information guide today. Read more: This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. If gold is the common go-to hedge for moments of chaos, real estate is the long game — and no one knows that better than Trump himself. Before politics, Trump made his fortune in real estate — and the asset class remains a powerful tool for building and preserving wealth, especially during inflationary times. That's because property values and rental income tend to rise along with the cost of living. Unlike some other investments, real estate doesn't need a roaring stock market to deliver returns. Even during downturns, high-quality properties can generate rental income — offering a dependable stream of passive cash flow. As Trump told Steve Forbes back in 2011, 'I just notice that when you have that right piece of property, whatever it might be, including location, it tends to work well in good times and in bad times.' Today, you don't need to buy a property outright to benefit from real estate investing. Crowdfunding platforms like Arrived offer an easier way to get exposure to this income-generating asset class. Backed by world class investors like Jeff Bezos, Arrived allows you to invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants. The process is simple: Browse a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you'd like to purchase, and then sit back as you start receiving any positive rental income distributions from your investment. Another option is Homeshares, which gives accredited investors access to the $35 trillion U.S. home equity market — a space that's historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. Financial aid only funds about 27% of US college expenses — but savvy parents are using this 3-minute move to cover 100% of those costs Elon Musk just endorsed Warren Buffett's '5-minute' fix for America's multi-trillion debt problem — and 1 Senator is drafting a constitutional change to make it real. Do you think it'll work? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here's how much the average 60-year-old American has in retirement savings — and 5 critical ways you can secure your nest egg Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
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a day ago
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Owner of 175-year-old farm left in ‘shock' as New Jersey town wants to seize his land for affordable housing
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Andy Henry and his brother Christopher own a 21-acre farm in Cranbury, New Jersey — land their maternal great-grandfather purchased in 1850. But after 175 years of family ownership, their legacy is now under threat as the local government tries to seize the property for an affordable housing project. "We got a letter on April 24 informing us of this unfortunate decision that [Cranbury officials] wanted to take the entire 21 acres," Henry told Fox & Friends. Henry described the notice as 'a shock.' The family pushed back, but the town hasn't backed down. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 4 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how 'Now they're saying, 'Well, actually, we'll just take half of it and leave you the house.' That would leave us with a non-viable farm for at least 40 cows and many sheep,' he said. Cranbury Township is seeking to seize the Henry family farm through eminent domain to make way for a developer to build state-mandated affordable housing, reported. Eminent domain refers to the government's power to take private property for public use — with compensation but without the owner's consent. The situation has drawn the attention of U.S. Secretary of Agriculture Brooke Rollins. In a post on X, Rollins said she had spoken with Henry and pledged to support the family in their legal battle. 'Whether the Maudes, the Henrys or others whom we will soon announce, the Biden-style government takeover of our family farms is over,' Rollins wrote. 'While this particular case is a city eminent domain issue, we @usda are exploring every legal option to help.' As home prices and rents continue to climb — and local governments scramble to meet state housing mandates — tensions are mounting between development goals and property rights. The Henry family's fight in New Jersey is just one example of a broader issue playing out nationwide: America's deepening affordable housing crisis. Many experts point to a fundamental lack of supply. Federal Reserve Chair Jerome Powell emphasized this at a press conference last year, stating, 'The real issue with housing is that we have had and are on track to continue to have, not enough housing.' He highlighted the difficulty of finding and zoning land in desirable areas, asking, 'Where are we going to get the supply?' A recent analysis indicates a shortfall of 3.8 million homes in America's housing supply. Yet despite elevated prices, real estate remains one of the most sought-after assets — and for good reason. It's a tangible, income-generating investment that has historically performed well during periods of inflation. When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts with inflation. And while owning a home may feel increasingly out of reach, investing in real estate doesn't have to be. Crowdfunding platforms like Arrived have made it easier than ever for everyday investors to access the market. Backed by world class investors like Jeff Bezos, Arrived allows you to invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants. The process is simple: Browse a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you'd like to purchase, and then sit back as you start receiving positive rental income distributions from your investment. Another option is First National Realty Partners (FNRP), which allows accredited investors to diversify their portfolio through grocery-anchored commercial properties without taking on the responsibilities of being a landlord. With a minimum investment of $50,000, investors can own a share of properties leased by national brands like Whole Foods, Kroger and Walmart, which provide essential goods to their communities. Thanks to Triple Net (NNN) leases, accredited investors are able to invest in these properties without worrying about tenant costs cutting into their potential returns. Simply answer a few questions — including how much you would like to invest — to start browsing their full list of available properties. Read more: This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Henry said his farm is now surrounded by warehouses, and that his family has been 'turning down developers for years.' That's no coincidence. Farmland in the U.S. has been steadily disappearing as urban sprawl swallows up agricultural land for commercial, residential and industrial use. In 1997, there were 955 million acres of agricultural land in America. By 2024, that number had dropped to 876 million — a loss of 79 million acres. Savvy investors have taken note. After all, no matter what happens in the economy, people still need to eat. According to the USDA, U.S. farmland values have steadily climbed over the past few decades, driven by increasing demand for food and limited supply of arable land. These days, you don't need to buy an entire farm — or know how to grow crops — to get in on the opportunity. FarmTogether is an all-in-one investment platform that lets qualified investors buy stakes in U.S. farmland. The platform identifies high-potential agricultural properties and then partners with experienced local operators to manage the land effectively. Depending on the type of stake you want, you can get a cut from both the leasing fees and crop sales, providing you with cash income. Then, years down the line after the farm rises in value, you can benefit from the land appreciating and profit from its sale. Financial aid only funds about 27% of US college expenses — but savvy parents are using this 3-minute move to cover 100% of those costs Elon Musk just endorsed Warren Buffett's '5-minute' fix for America's multi-trillion debt problem — and 1 Senator is drafting a constitutional change to make it real. Do you think it'll work? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here's how much the average 60-year-old American has in retirement savings — and 5 critical ways you can secure your nest egg Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
3 days ago
- Business
- Yahoo
562,000 Americans became millionaires in 2024 — 4 ways your neigbors are getting rich and how to keep up
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Last year was an excellent time to be an investor. According to the annual World Wealth Report from Capgemini, 562,000 Americans became millionaires in 2024 — a 7.6% increase from 2023. This rapid increase had two major contributing factors: interest rate cuts and the explosion of AI investments. Americans invested $109 billion in AI in 2024, far exceeding every other country in the world, according to Stanford University's 2025 AI Index. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) According to Kris Bitterly, head of Citi Global Wealth at Work, alternative investments are another important element contributing to this rapid wealth accumulation. 'Many investors, presently, when you look at their asset allocations, they're significantly underweight on alternatives,' Bitterly told Bloomberg, noting that alternatives present 'unique opportunities that are not available in public markets that you want to express in your portfolio.' If you're interested in exploring some options that are usually reserved for the ultra wealthy, here are a few alternative investments you can easily add to your portfolio today. Real estate is a well known driver of high-net-worth individuals' wealth. The National Association of Realtors found that approximately 90% of all millionaires in the U.S. grew part of their wealth through real estate. But it's not easy to break into property investing if you're not already wealthy. Many new homeowners can only access the market because their parents have provided the down payment. As Redfin reported, one-third (36%) of Gen Zers and millennials expect to receive a cash gift from family to help fund their down payment. If you're considering real estate investing, but don't have enough saved for the down payment quite yet — or you just don't want the hassle of being a landlord or homeowner — there are some real estate investment options with a lower barrier to entry. If you're not an accredited investor, crowdfunding platforms like Arrived allow you to enter the real estate market for as little as $100. Arrived offers you access to shares of SEC-qualified investments in rental homes and vacation rentals, curated and vetted for their appreciation and income potential. Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level. For accredited investors, Homeshares gives access to the $34.9 trillion U.S. home equity market, which has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. Read more: Rich, young Americans are ditching the stormy stock market — While it might not be the trendiest investment, gold still holds value in a properly diversified portfolio. Over the past few months of tariff uncertainty, gold has done incredibly well. Gold breached $3,000 per ounce in April — avoiding some of the up-and-down spikes that rocked the S&P 500. Gold could even surpass the $4,000 benchmark by the second quarter of 2026, according to a report by JPMorgan. Hedge fund managers like Ray Dalio are bullish on gold for this reason. It can hedge against inflation and help shield against volatility, ensuring high-net-worth individuals can weather any financial storm. One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of American Hartford Gold. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account — combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those looking to potentially hedge their retirement funds against economic uncertainties. Even better, you can often roll over existing 401(k) or IRA accounts into a gold IRA without tax-related penalties. To learn more, get your free 2025 information guide on investing in precious metals. Qualifying purchases can also receive up to $20,000 in free silver. For many, the trickiest part of investing is learning how to get started. Do I need a finance manager? What should I invest in? And what does everyone mean by diversified anyway? But some investments don't just sit in an account. In fact, the wealthiest among us often invest in beautiful works of art they can keep in their homes and enjoy every day. David Bowie was known for his large collection of modern art, including works from Marcel Duchamp, Henry Moore, Frank Auerbach and Jean-Michel Basquiat. While hanging a Basquiat on your wall someday might sound like a pipedream, that doesn't mean investing in the art world is completely out of reach. With Masterworks, anyone can diversify their portfolio by investing in fine art. From their 23 exits so far, Masterworks investors have realized representative annualized net returns like +17.6%, +17.8% and +21.5% among assets held for longer than one year. To earn a profit, you can either wait for Masterworks to sell the painting — the typical timeframe before a sale is between 3 to 10 years — or you can sell your shares yourself on the secondary market. Masterworks takes care of all the heavy lifting: from buying the paintings, to storing them and to selling them for you — no art experience required. Get started with Masterworks today and you could make your portfolio as beautiful as a Starry Night. Once considered a fad, crypto is now dominating the alternative investment conversation. Bitcoin hit a record high in May, skyrocketing by 3% and surpassing a $110,000 valuation for the first time ever. Its rise could continue once the Strategic Bitcoin Reserve's final plans are unveiled by President Donald Trump's administration on July 22, 2025. A recent study from Greyscale Investments also found that 38% of high-net-worth Americans with at least a million in investible assets expect to invest in crypto in the future, pointing to its relevance in a high-net-worth portfolio. So all the bullish crypto sentiments coming from the office of the president just might be the real reason your neighbor was suddenly able to buy that new Benz sitting in the driveway. For those looking to hop on the Bitcoin bandwagon, new crypto platforms have made it easier for everyday investors. For instance, Gemini is a full-reserve and regulated cryptocurrency exchange and custodian, which allows users to buy, sell and store bitcoin and 70 other cryptocurrencies. You can place instant, recurring and limit buys on their growing and vetted list of available coins. Gemini is also offering new users $15 in free Bitcoin with code GEMINI15 when you trade $100 or more. However, the trade needs to be revenue-generating for Gemini — meaning no stablecoin or withdrawal-deposit shuffling. Just remember to act fast, the promotion is only good for 30 days after creating a new account. But if you're not ready to buy just yet, you can still invest in crypto with their Gemini credit card, which transforms a percentage of every purchase into bitcoin or a coin of your choice. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Millions of Americans now sit on a stunning $35 trillion in home equity — here's 1 new way to invest in responsible US homeowners This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio
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3 days ago
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How can I become a millionaire on a low income? With these 4 steps it might be easier than you think
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. It's easy to assume that wealth and income are deeply intertwined. After all, how does anyone become wealthy without a lifetime of earning a six-figure salary? But data gathered by Dave Ramsey's team suggests the link between wealth and income may be weaker than most assume. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Only 31% of American millionaires earned an average annual income of $100,000 over the course of their careers, according to The National Study of Millionaires conducted by Ramsey Solutions. Perhaps even more surprising is that one-third of these millionaires never reached that six-figure income milestone during their careers. It's completely realistic to reach a seven-figure net worth without earning a six-figure salary. However, this modest path to millionaire status does require more effort and discipline. The key to accumulating wealth is managing expenses. Many ultra-high-income individuals struggle to break into the millionaires club because they let lifestyle inflation consume them. In fact, 36% of Americans earning more than $200,000 a year said they were living paycheck to paycheck, according to a PYMNTS survey from 2024. By comparison, someone earning a five-figure income can become a millionaire with both disciplined saving and smart investing. Building real wealth on a mid-level income means starting early, investing wisely and consistently finding creative ways to reduce monthly expenses, like cutting insurance costs. U.S. homeowners' insurers have hiked premium rates by double digits over the past two years. If you're not paying attention, that could be a major hit to your saving power. Shopping around is one of the best ways to find better rates, but calling individual providers takes time and effort that many working people just don't have. can take the hassle out of shopping for home insurance. In just under 2 minutes, you can explore competitive rates from top insurance providers all in one place. can make it easy to find the coverage you need at a price that could fit your budget. But home insurance premiums aren't the only thing coming out of homeowners' pockets. If you own a car, you have another cost to deal with. Car insurance rates rose an average of 16.5% in 2024, according to ValuePenguin. Like with home insurance, shopping around can lead to substantial savings. lets you compare quotes from trusted brands — including Progressive, Allstate and GEICO — to make sure you're getting the best deal. Their matchmaking system takes into account your location, vehicle details and driving history to find the lowest rate possible for you. Deals can start at just $29 per month, and you can switch over your policy in only a few minutes. Read more: Rich, young Americans are ditching the stormy stock market — Time can be another powerful tool for building your wealth. Given a long enough horizon, even small savings and average investment returns can grow into a substantial nest egg. For instance, an 18-year-old would need to save only $250 a month and earn a modest 7% annual return on investment to reach $1 million by the age of 66. Put simply, if you want to accumulate exceptional wealth without an exceptional income, starting as early as possible is essential. The best part? You don't need a lot of money to start saving for your long-term financial goals. Over the course of a lifetime, a little can go a long way. Another essential ingredient in your climb from modest to millionaire is reducing your exposure to debt. After all, serving the interest payments on credit cards or high-interest loans can offset the positive impact of a diligent savings and investing strategy. For most people, avoiding debt — especially the expensive type — is their biggest challenge. As of early 2025, U.S. households collectively had nearly $5 trillion in non-housing debt such as student loans, auto loans and credit card balances, according to the New York Federal Reserve. Serving this debt could be one of the key reasons why the average personal savings rate in the United States is only 4.9%, based on data from the Federal Reserve. By limiting or eliminating consumer debt, you can save more. This could be the key to your financial freedom, regardless of your income. A good place to start is by targeting high-interest debt as soon as possible. Doing so can save money in the long run by making fewer interest payments overall, but in exchange for a short-term squeeze. Keep in mind that not all loans are created equal, and it's important to understand not only your interest rates but also the repayment period and what assets could be used as collateral. Life can be messy. Even if you follow all the traditional financial advice, your journey to financial freedom could be derailed by health issues, divorce, bankruptcy or emergencies. If you're approaching retirement without much savings or a high-paying career, your chances of becoming a millionaire are lower. That doesn't mean it's impossible to enter the club. Creative solutions could help you get there despite the odds. For instance, you could boost your savings rate by temporarily moving to a town or country with a lower cost of living. Working remotely while paying modest rent in Mexico, for example, could help you accumulate wealth faster. You could also delay retirement. Adding five or even 10 years to your retirement plan could make a difference, especially if you're building your nest egg later in life. A 40-year-old would need to save just $900 a month and earn a 7% return on investment to reach millionaire status at 75. You can also potentially increase your returns by investing in alternative assets, such as farmland, small businesses, high-growth tech stocks or rental properties. If you're looking to get into real estate without big down payments or tying yourself to a mortgage, you could tap into the market through crowdfunding platforms like Arrived. Backed by world-class investors including Jeff Bezos, Arrived allows you to invest in shares of vacation and rental properties, allowing you to potentially receive passive income without having to manage midnight maintenance calls or burst pipes. To get started, simply browse through Arrived's selection of vetted properties, each picked for their potential appreciation and income generation. Once you choose a property, you can start investing with as little as $100. There's always a practical path to the seven-figure club, regardless of your age or income. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Millions of Americans now sit on a stunning $35 trillion in home equity — here's 1 new way to invest in responsible US homeowners This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
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4 days ago
- Business
- Yahoo
I'm 52, saving 10% of my paycheck for retirement — but my husband isn't saving anything. What do I do?
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Jada, 52, is facing the existential dread of retirement. She doesn't even plan to clock out until she turns 65, and she's been saving for her golden years since her mid-20s. But her husband of 20 years hasn't put aside anything for retirement, and he doesn't plan to. He's relying on his pension and Social Security retirement benefits — along with Jada's savings — to finance their golden years. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Jada worries he doesn't understand how much they'll need in retirement, and feels resentful that she's making all the sacrifices for their future. Now, she's left wondering what to do next, and if they'll be alright. First things first, you'll want to have a conversation about your expectations. But that can be easier said than done with one in three Americans (32%) saying they're uncomfortable discussing finances in their relationship, according to a Talker Research survey. In Jada and her husband's case, they should start by ensuring they're on the same page with their goals. Not to mention, how much they'll need to reach those goals. A general rule of thumb is to aim for about 60% to 80% of your pre-retirement income. If Jada and her husband are finding it difficult to talk or even crunch the numbers, they may want to enlist the help of a financial adviser. They know the right questions to ask to help you figure out your shared retirement goals. With you can find a vetted financial advisor that offers personalized advice, guiding you towards the right choices for the retirement you've always dreamed of. They can help you get your retirement mapped out today. Read more: Rich, young Americans are ditching the stormy stock market — Once you're aligned on your goals, it's time to work together to make them happen. That might look like a spousal IRA (aimed at helping a non-working spouse), 401(k)s and IRAs as individual accounts. Jada's husband would greatly benefit from opening a 401(k) and funding it to the maximum amount — especially if his employer matches his contributions. Jada's husband could also contribute to a Roth IRA, which uses after-tax dollars and grows tax-free. That means, as long as he follows the withdrawal rules, those withdrawals aren't taxed as income. To take advantage of the benefits of diversification, Jada and her husband could also open a gold IRA through American Hartford Gold. This retirement account can help stabilize their finances by allowing them to invest directly in physical precious metals rather than stocks and bonds. When you open a gold IRA, you're looking out for your future self and cushioning your retirement funds too. They'd also benefit from her husband beginning to invest as soon as he can. The power of compound returns means that the longer they give their money to grow, the more they'll benefit. Even small amounts can grow over time, and some apps automatically invest your spare change. Automated investing platforms often offer a range of diversified ETF portfolios based on your risk profile and investment goals. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Millions of Americans now sit on a stunning $35 trillion in home equity — here's 1 new way to invest in responsible US homeowners This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
