Retirement, Investing and Budget Expert
Caroline Hwang has been writing about personal finance for more than 20 years. She is a Certified Educator in Personal Finance (CEPF®). Her work has appeared in print and online, including in the New York Times and HuffPo. Before coming to SmartAsset, she worked on the staffs of such publications as Glamour, Redbook and Good Housekeeping. Caroline has a bachelor’s from the University of Pennsylvania and an MFA from New York University. She has yet to beat her young son at chess.
Posts by Caroline Hwang:
Two weeks after the worst day in Dow history, President Donald Trump signed a coronavirus stimulus package called the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. The CARES Act is the biggest rescue package in U.S. history. With a staggering price tag of $2 trillion, the legislation seeks to provide emergency financial assistance to people and businesses as the coronavirus pandemic whipsaws markets and batters the economy. A financial advisor can help you manage your finances during turbulent times. Find a financial advisor today. Read more
As the coronavirus pandemic intensifies, Americans are facing not only a public health crisis but an economic one as well. To help you navigate this uncertain period and protect your financial well-being, SmartAsset has gathered a list of resources to help you answer the difficult money questions you may have. We’re updating this page daily, so check back often for answers to your questions. Table of Contents Coronavirus Stimulus Package Individual Benefits and Relief Measures Small Business Relief Measures Handling Your Money During the Coronavirus Crisis Data Driven Studies Tips for Surviving the Recession Read more
Navigating a recession requires an intelligent, fleet-footed strategy to safeguard your money and protect your financial future amid the downturn and uncertainty. Truth be told, no one, including the experts, knows how the economic slowdown amid the coronavirus pandemic is going to play out. That’s largely because we’ve never before had a global pandemic wreak havoc quite like this: conventions, vacations, sports seasons cancelled; restaurants, bars, major retailers closed; certain cities, counties, even countries on lockdown. Read more
When people talk about a market correction, it sounds like a euphemism for falling stock prices. But it’s actually a technical term for a 10% or bigger drop in the price of an index (or individual… Read more
For an interest-only retirement, you’ll need to have a large nest egg. How big a nest egg depends on your target income and the interest rate. For example, an annual income of $48,000 would require a… Read more