Finance

This country just raised the retirement age to 70 — and others may follow

Denmark will gradually raise its retirement age to 70.Francis Dean/Corbis via Getty ImagesDenmark will raise its retirement age to 70 by 2040, the highest in Europe.The move ties pension age to lif...

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The potential winners and losers from Trump's tax bill

Donald TrumpAndrew Harnik/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Happy Friday! Let me offer ...

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How are DB plans navigating the volatile market? MetLife expert shares insights

The volatile market is creating ongoing shifts in the funded status of America’s defined benefit pension plans, so how are plan sponsors navigating the choppy waters? Strategies are being redra...

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Hinge Health just broke open the digital health IPO market. Here's who's getting rich.

Hinge HealthHinge Health just went public in a watershed moment for the digital health industry.Its shares popped Thursday, jumping to over $39 a share, up 23% from its IPO price.Here's what Hinge ...

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Trump's 'big beautiful' tax bill squeaks past House

President Donald Trump’s signature tax bill narrowly passed the House Thursday morning, advancing a sprawling multi-trillion dollar package that would avert a year-end tax increase at the expense...

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How long will my retirement savings last? Most Americans can’t answer that

The impact of inflation on Americans’ retirement savings is clear and it remains a key concern of retirees and those who are planning their retirement years. Inflation is the most cited concern...

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Have you made a mistake or need to change your tax return? Here’s how

With the 2024 tax season now over for most of us (those with self-employment income and their spouse or partner still have until June 16 to file), the preliminary tax filing stats have been ...

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Democrats let 'no tax on tips' pass the Senate. That doesn't mean they actually back Trump's campaign promise.

"No tax on tips makes a great headline," Sen. Elizabeth Warren told BI. "The devil is in the details."Tom Williams/CQ-Roll Call via Getty ImagesA "No Tax on Tips" bill passed the Senate on Tuesday ...

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High cost of living forcing Canadians to make concessions on auto theft prevention

Canadian drivers are growing increasingly concerned about auto theft ...

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Florida firm hit with six-figure fine for non-compliant RILA recommendations

A Florida-based firm has been censured and hit with a six-figure penalty by the Financial Industry Regulatory Authority, which found it failed to ensure hundreds of annuity recommendations made b...

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Couple approaching 65 with a mortgage worry tariff war will torpedo retirement

Patricia and Craig* both turn 65 in 2026. Until U.S. President Donald Trump’s ...

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Americans are losing hope of reaching their financial goals

What’s gone wrong in the last five years that has damaged the financial confidence of so many Americans? With the list of challenges including the pandemic, wars in Ukraine and the Middle East,...

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Trump loses patience as SALT block stymies GOP tax bill

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction, according to a senior administration official, signaling a deadlock ...

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Are advisors missing retirees' needs in 'fragile decade'?

A recent survey from Global Atlantic Financial Group suggests a persistent disconnect between financial professionals and their clients nearing or in retirement, particularly around the need for ...

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401(k) savers say retirement income security should be a shared responsibility

Employees paying into retirement plans are increasingly interested in guaranteed monthly income options and want employers to help them achieve financial security. More than nine in ten who con...

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Social Security Is Loved by People Across the Political Spectrum

But they want only high earners to pay for the fix. With all the DOGE-driven turbulence at the Social Security Administration, it may have gotten lost that 2025 is the 90th anniversary of th...

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How baby boomers on a budget are fighting loneliness

Some retirees are finding ways to socialize on a budget.FG Trade/Getty ImagesMany older Americans are seeking budget-friendly ways to fend off loneliness.Some are finding community in new places; o...

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Legendary investor Ron Baron shares the early contrarian lesson that's helped him return 1,843% over 22 years

Like all of us, billionaire investor Ron Baron was once a beginner, too.Baron FundsRon Baron, founder of Baron Capital, has amassed over $41 billion in assets since 1982.But Baron was once a novice...

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Life lessons from 90-year-olds who are still working, active, and financially savvy

Mark Petty for BIIlluminated by a large desk lamp, Fay Pacchioli, 93, crunches numbers in Excel under the watchful eyes of her dogs, immortalized in framed photos on her wall.It's midnight in Easto...

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Shark Tank's Kevin O'Leary reveals blunt words on Social Security

As workers across the U.S. prioritize near-term financial needs, many also grapple with the question of how much they should allocate toward retirement savings and investments.Notable entrepreneur ...

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I'm 85 and don't have retirement savings — but I'm not too worried about it

Sally Ann McCarter, 85, still goes to work, opening her company's office at 6 a.m.Sally Ann McCarterSally Ann McCarter, 85, works part-time at a fulfillment company in Pennsylvania.She retired at 7...

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