The Free Financial Advisor

Would You Rather Retire at 50 With $1 Million or 65 With $3 Million?

Retiring at 50 with $1 million sounds like winning the financial lottery. Retiring at 65 with $3 million sounds like winning ...
The Free Financial Advisor

Is Your New Friend Trying To Scam You?

A new online friend who asks for money, offers a can’t-miss investment, or needs help with an urgent emergency may have an ...
The Free Financial Advisor

Two Retirees Spend $5,000 a Month — One Needs $1 Million More Than the Other. Here’s Why

Suppose two households each need $5,000 monthly. Household A receives $3,000 monthly from Social Security and another $333 ...
The Free Financial Advisor

A Scammer Knows Your Name, Bank and Account Balance — Would You Believe the Call?

A scammer may know your name, bank, account number and balance. The caller may sound professional. The caller ID may look ...
The Free Financial Advisor

You Finally Have Enough Money — So Why Are You Still Afraid to Spend It?

There is another benefit: planned enjoyment can prevent the opposite mistake of waiting forever. A person can spend decades ...
The Free Financial Advisor

Americans Are Spending More but Feeling Worse — 6 Numbers Behind the Disconnect

Americans are spending more, but the mood surrounding money keeps getting darker. The latest data show a strange split: ...
The Free Financial Advisor

IRS and UK Team Up to Fight Tax Evasion — Whistleblowers Could Earn Up to 30% of Recovered Money

Under the IRS Whistleblower Program, qualifying whistleblowers can generally receive between 15% and 30% of collected ...
thefreefinancialadvisor

New $1,700 Federal Scholarship Tax Credit Starts in 2027 — IRS Proposes Rules for Who Can Claim It

Beginning in 2027, eligible taxpayers can claim a federal tax credit of up to $1,700 for qualifying cash contributions to approved scholarship organizations, while married couples filing jointly may ...