SmartReads

Inflation has hurt Americans financially in different ways, with the Census reporting that up to 45.8% of some households are having difficulty paying for essentials. In particular, inflation has put some Americans at higher risk for financial instability.  With this in mind, SmartAsset ranked U.S. states according to where residents are struggling most financially. Data… read more…

Depending on employment and investment returns, the size of a retirement nest egg will look different for everyone. The number of work years, salary and retirement age will impact Social Security benefits. Meanwhile, both worker and employer contributions, investment allocations and timing will determine the value of retirement accounts like 401(k)s, IRAs and pension payouts.… read more…

First-time homebuyers who have just reached the threshold for a down payment can face steep competition from seasoned homeowners with established equity. And as the cost of living increases, some of these first-time hopefuls could be squeezed out of more expensive areas.  With this in mind, SmartAsset examined the current state of the housing market… read more…

As people retire, their goals shift, often causing them to reconsider where they’re living and how they spend their money. Places with a high cost of living, high taxes and cold winters, for example, could influence retirees to move to warmer locations where they can stretch their retirement savings further and enjoy their free time.… read more…