Eric Reed

NVIDIA (NVDA) plans to stay ahead. For about five years now, NVIDIA’s stock has been one of the hottest assets on the market, generating a roughly 2,200% return and a 40x cumulative stock split. Most of this growth has been due to NVIDIA’s place at the heart of the biggest technologies of the past 15 […] The post If You Bet $10,000 on NVDA 5 Years Ago, Here’s Your Payday appeared first on SmartReads by SmartAsset.

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. NVIDIA (NVDA) plans to stay ahead.

The median net worth at age 40 is around $135,300. This is according to the Federal Reserve's most recent Survey of Consumer Finances (SCF). However, what your net worth should be depends entirely on your personal situation. Your net worth should reflect not only your income and opportunities, but also your financial plans and long-term strategy. Households […] The post What Should My Net Worth Be at Age 40? How You Compare appeared first on SmartReads by SmartAsset.

When you file for Social Security, your spouse becomes eligible for payments known as spousal benefits. However, they won’t receive these payments automatically. Instead, they must file with the Social Security Administration, whether they’re receiving their own retirement benefits or not. A financial advisor can help you plan for Social Security and build a comprehensive […] The post When I Claim My $3,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on Smar

But disruptions for some departments persist as officials assess building safety following devastating wind-driven blazes

You can put a lot of money in your 401(k). Each year the IRS allows what is known as a maximum contribution to any pre-tax retirement account.

When it comes to estimating your retirement income, a popular rule of thumb is that you'll usually need about 80% of your working income to maintain the same standard of living. This comes from a number of factors, including the fact that you won't need to set aside money for retirement anymore. This number is […] The post What’s a Realistic Retirement Budget? I’m 48 With $430k Saved, Making $95,000 Annually appeared first on SmartReads by SmartAsset.

Long-term care insurance is an important way to mitigate risk in retirement. Unexpected health issues and the related costs can take over a retiree’s financial life if they don’t have a plan to pay for costs of care. The cost of such a policy will depend on a handful of factors – including your age […] The post I Was Quoted $2,000 Per Year for Long-Term Care Insurance. Is That Too Much? appeared first on SmartReads by SmartAsset.

Should you prioritize debt or savings? This is one of the most common questions in household finance, and it comes up particularly in the field of retirement savings. For this example, let’s say you have a $650,000 IRA and a $120,000 mortgage. As you approach retirement, should you leave that money invested or pay off […] The post We're 65, Have $120k Left on Our Mortgage and an IRA Worth $650k. Should We Pay Off the Mortgage? appeared first on SmartReads by SmartAsset.

Required minimum distributions, or RMDs, are a problem for some retirees. If that's your situation, a Roth conversion may be able to help. The advantage to switching your money from a pre-tax portfolio, like a traditional IRA, to a post-tax Roth IRA is an end to RMD concerns. Since you've already paid taxes on the […] The post I'm 60 With $1.1 Million in an IRA. Is It Worth Converting $100,000 Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.