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Derek Miller

Mortgage, Retirement and Budget Expert

Derek Miller is a graduate of the University of Edinburgh where he studied economics. He is passionate about using data to help people make better financial decisions. Derek is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society for Advancing Business Editing and Writing. He is a data journalist whose expertise is in finding the stories within the numbers. Derek's writing has been featured on Yahoo, AOL, and Huffington Post. He believes the biggest financial mistake people make is waiting too late to save for retirement and missing out on the wonders of compounding interest. Derek lives in Brooklyn.

Posts by Derek Miller:

by Derek Miller Jan 16, 2019

Beachfront property in warm locales is not exactly in large supply, so it can be difficult to find an affordable home where you and your family can winter. For the past few years, though, SmartAsset has endeavored to uncover beach towns where the average American can afford to become a homeowner without depleting his or her savings account. Read more

by Derek Miller Jan 17, 2019

A healthy work-life balance is something most professionals in the U.S. highly value. In fact, 53% of employees say that a job conducive to a greater work-life balance and improved personal well-being is “very important,” according to Gallup’s State of the American Workplace 2017 report. Of course, certain places around the country are better than others at helping you achieve a happy equilibrium. Living in cities with burdensome commutes and the expectation that people work long hours puts a ton of stress on the “life” part of the work-life balance. On the other hand, some cities with high unemployment rates simply make it more difficult for people to achieve their career ambitions and boost the “work” part of the equation.  Read more

by Derek Miller Jan 08, 2019

It can be difficult to look at your paycheck and see upwards of 15% of it sent to the government. Of course, those taxes pay for worthwhile causes, a fact that doesn’t always lessen the initial sting of seeing your money disappear. Thanks to local and state taxes, though, residents in some places have it much worse than others. Below, we look at data from the 25 largest cities to estimate how much the average full-time worker pays in income taxes. Read more

by Derek Miller Jan 08, 2019

Many cities have a reputation for being filled with a particular type of professional.  Picturing New York City, for instance, some people may conjure up an image of Wall Street with its highly paid… Read more

by Derek Miller Jan 03, 2019

The benefits of working from home are manifold — but especially helpful when it comes to your mental state and finances. After all, a commute can be stressful and pricey if you’re guzzling gas while… Read more

by Derek Miller Jan 03, 2019

Each new year, Americans tell themselves they’re going to make changes to improve their lives. According to a recent YouGov poll, the top three lifestyle adjustments Americans want to make are eating… Read more

by Derek Miller Jan 02, 2019

When families are looking to move to a new area, they often consider the affordability of a new city, their new commutes and the quality of local schools. But one factor they can overlook is safety.… Read more

by Derek Miller Dec 18, 2018

Just six years ago, the Census Bureau estimated there were only 880 breweries in America. But the craft beer revolution took off: By 2016, the Census Bureau pegged that number at 2,802, 2,605 of… Read more

by Derek Miller Dec 18, 2018

The new year is a time to reflect on which aspects of our lives we can most improve. For many people, that may mean a remorseful peak into their savings account or a regretful pinch of the waistline.… Read more

by Derek Miller Dec 04, 2018

The fear of skyrocketing rents can consume the thoughts of Americans who don’t own their homes. Despite an improving economy and low unemployment rates, rent increases continue to chip away at… Read more

by Derek Miller Nov 28, 2018

Feel like you’re slogging away at the office with no reprieve in sight? Maybe you’re grinding out those long days to show your loyalty to your company and nab a promotion? Sure, some American cities… Read more

by Derek Miller Nov 29, 2018

Affordable housing markets are something of a rarity among big cities these days. This is especially true when you look at the cities with the strongest economies, like New York or San Francisco.… Read more

by Derek Miller Nov 19, 2018

You may think you have a good sense of where in the country residents are making the most money. But the counties whose well-heeled, deep-pocketed denizens are pulling in the most coin may not… Read more

by Derek Miller Nov 19, 2018

Back in 1989, the average American could expect to live until 75. Roughly 27 years later, the average life expectancy in the U.S. has crept up to nearly 79 years. But while the increased life… Read more

by Derek Miller Nov 14, 2018

Manufacturing used to be one of the largest industries in America. In 1910, the Bureau of Labor Statistics estimated that nearly one-third of workers worked in manufacturing. Today, that number has… Read more

by Derek Miller Nov 13, 2018

The average American family earns about $55,000 per year, according to Census Bureau estimates. Of course, that’s probably not enough to get by on in America’s most expensive cities, but there are… Read more

by Derek Miller Nov 07, 2018

Renters in America face an uphill battle to create space in their budgets for saving. In fact, the latest Census Bureau data reveals that nearly 10 million renting households spent at least 50% of… Read more

by Derek Miller Nov 07, 2018

Veterans are an important part of American society in light of their many sacrifices for our safety. They also make up a significant portion of our population: 7.3% of the 251 million Americans 18… Read more

by Derek Miller Oct 30, 2018

Mid-sized cities can offer a good compromise between the unaffordable, congested big cities out there and the smaller, sleepy suburbs. But with so many mid-sized cities across the country, it isn’t… Read more

by Derek Miller Oct 25, 2018

Home prices are on the rise in America’s largest cities, and incomes are just not keeping up. Outside of the wealthiest residents, homeownership is not in the cards for many in those cities. Adding… Read more

by Derek Miller Oct 24, 2018

It’s October, the creepiest month of the year, a time when many cities flaunt their ghosts, troubled spirits and haunted houses. But which locale can boast that it’s the spookiest in the U.S.? A… Read more

by Derek Miller Oct 18, 2018

The American Dream of homeownership and financial independence is a hallmark of middle-class life. Indeed, working hard defines this cohort’s pull-yourself-up-by-your-bootstraps sensibility. But… Read more

by Derek Miller Oct 17, 2018

A sophisticated investment plan can mean an early retirement or just a retirement without financial stress. And whether they are relying on the expertise of a financial advisor to manage their… Read more

by Derek Miller Oct 17, 2018

Finding the perfect city is difficult. You know you want to live somewhere with plentiful high-paying jobs. But you also want to balance a good job with affordable housing. That ideal scenario will… Read more

by Derek Miller Oct 11, 2018

Are the robots going to steal your job or just free you up to tackle other needs at work? It’s a consideration that puts fear in the heart of the typical American employee. You see, on the positive… Read more