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Ashley Chorpenning

Retirement, Investing and Budget Expert

Ashley Chorpenning is an experienced financial writer currently serving as an investment and insurance expert at SmartAsset. In addition to being a contributing writer at SmartAsset, she writes for solo entrepreneurs as well as for Fortune 500 companies. Ashley is a finance graduate of the University of Cincinnati. When she isn’t helping people understand their finances, you may find Ashley cage diving with great whites or on safari in South Africa.

Posts by Ashley Chorpenning:

by Ashley Chorpenning May 25, 2022

Whether you’re a working parent focused on keeping up your 401(k) contributions or starting your first job out of college without giving much thought to retirement, you may not be aware of who trades on the market and how your small slice of securities fits in with the rest of the investing activity. The stock market includes individuals like yourself (retail investors) and large firms (institutional investors) who are focused solely on getting returns for their customers. This article explores how your efforts to grow a nest egg compares and contrasts with that of institutional investors. Hiring a financial advisor can help you make wise choices for your investment portfolio. Read more

by Ashley Chorpenning May 25, 2022

Current market volatility has many investors wondering how to minimize losses and find new opportunities. But whether you’re worrying over your IRA or alternative investments, there are several strategies you can implement to survive a market downturn. So, to navigate the current market conditions with ease, here are some ways to keep calm and invest on. A financial advisor can help you put together a financial plan that will keep you on the right path no matter the market conditions. Read more

by Ashley Chorpenning May 24, 2022

The nominal rate of return shows the yield of an investment over time without accounting for negative elements such as inflation or taxes. By calculating the nominal rate of return, you can compare the performance of your assets easily, regardless of the inflation rate or differing spans of time for each investment. By obtaining a bird’s-eye view of how your assets are growing, you can make more prudent investment decisions in the future. For more help – objectively – evaluating investment options, consider working with a financial advisor. Read more

by Ashley Chorpenning May 19, 2022

There are many moving parts when it comes to applying for a loan. Each loan application consists of several stages, such as gathering required information and documents and assessing the applicant’s… Read more

by Ashley Chorpenning May 19, 2022

Financing the purchase of a home is often a complex and confusing task. Fortunately, there are professionals whose sole job is to help you through the lending process, such as loan originators and… Read more

by Ashley Chorpenning May 17, 2022

Anyone dipping their toe into the vast world of investing can attest to its complexity, even to the point of confusion. However, building your nest egg is key to retirement, so gaining a basic… Read more

by Ashley Chorpenning May 17, 2022

  Are you planning to purchase a new home? Perusing the internet for new listings and fantasying about your life in a new house is the exciting part. Setting money aside for a down payment, on the… Read more

by Ashley Chorpenning May 04, 2022

What do onesies, binkies of every size and color, swaddles plastered with fluffy animals, and tax credits have in common? If you had a child in the last year, they all play a significant role in your… Read more

by Ashley Chorpenning May 02, 2022

Mobile and manufactured homes are affordable housing options, especially for people living a nomadic lifestyle or in remote areas. But, if you want to finance a mobile home, some lenders may not… Read more

by Ashley Chorpenning Apr 28, 2022

If you’re looking to buy a home, the thought of committing yourself financially to a mortgage and creating a new space for your family can produce a strange mix of excitement and trepidation. While… Read more

by Ashley Chorpenning Apr 28, 2022

If you’re currently in the market to buy a home, a lack of housing inventory can make the process expensive. And the expanded presence of cash buyers in the market will also make it even more… Read more

by Ashley Chorpenning Apr 26, 2022

Minimizing your expenses in retirement seems like a smart choice – especially if you can get rid of a large cost like your mortgage. Repaying your mortgage will not only ease your financial stress… Read more

by Ashley Chorpenning Apr 22, 2022

Health savings accounts or HSAs help offset your out-of-pocket healthcare costs when you have a high-deductible health plan (HDHP). Because of all the tax advantages that come with the account, it’s… Read more

by Ashley Chorpenning Apr 21, 2022

Investors passionate about environmental, social, or governance concerns often use the ESG ratings to assess companies or equities worth investing in. The ESG rating tells investors the level of risk… Read more

by Ashley Chorpenning Apr 13, 2022

When a homeowner defaults on property taxes, the county may place a tax lien on the property. This could end in a tax sale with an investor paying the taxes to get the home. While tax sales can be… Read more

by Ashley Chorpenning Apr 13, 2022

Cryptocurrencies like Bitcoin have become household names and continue to grow in popularity. However, to invest in securities in the U.S., you must be at least 18 years old. So if you want to give… Read more

by Ashley Chorpenning Apr 12, 2022

Infertility is a common problem for women ages 15 to 49. In fact, the Center for Disease Control and Prevention says that about one in five (19%) are unable to conceive after one year of trying. To… Read more

by Ashley Chorpenning Apr 06, 2022

A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough… Read more

by Ashley Chorpenning Apr 06, 2022

Whether you’re saving for a down payment, renovation or upcoming nuptials, you might be looking for a place to park your cash until you need it. Short-term investments might not offer big returns… Read more

by Ashley Chorpenning Apr 05, 2022

There is a variety of tools that can help you save for retirement. While many of us know about 401(k)s and IRAs, not as many may be familiar with health savings accounts (HSAs). These are savings… Read more

by Ashley Chorpenning Mar 31, 2022

From flexible work hours to not reporting to a boss, being self-employed comes with a lot of perks. However, with the freedom of working for yourself also comes responsibilities such as paying… Read more

by Ashley Chorpenning Mar 30, 2022

College tuition climbs every year, and for many families, this poses a financial challenge. Even for students targeting a public, in-state institution, fees and tuition average around $10,338. That… Read more

by Ashley Chorpenning Mar 29, 2022

A mortgage rate lock allows you to “lock in” an interest rate on a mortgage, protecting you from potential interest rate spikes. While this can be a great tool to help you save money, it may not… Read more

by Ashley Chorpenning Mar 29, 2022

Potential home buyers have a lot of research to do before they purchase a home. Part of that research involves finding the right type of loan to pay for your future residence with. There are multiple… Read more

by Ashley Chorpenning Mar 25, 2022

If you’ve just inherited a windfall from a deceased relative’s trust, you’re likely wondering, “How does a beneficiary get money from a trust?” When your deceased relative created the trust, they set… Read more