It used to be so simple and predictable: The economy grows. People prosper. They buy homes. Housing prices spike and inflation works its way through the economy. The Federal Reserve raises the fed funds rate – the rate big banks charge each other for overnight holds – thus the banks have to raise mortgage rates. […]
With the heavy stream of reminders that inflation is at historic highs, and suggestions that the economy is on the verge of collapsing from one day to the next—it can be difficult to focus on our future goals and feel any sense of security about our own finances. The reality is, however, that expert economists […]
According to Visual Capitalist’s analysis, $1 million would fund a retirement that lasts almost 35 years in the Midwest, compared with less than 18 years in the West. Let’s bear in mind that we’re talking about urban areas – clearly, you could live cheaper in the shrublands of western New Mexico than on Wacker Drive […]
