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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 Mar 09, 2017

Healthcare is one of the fastest-growing expenditures in the country. Nationwide healthcare costs reached over $10,000 per person in 2016 and that figure’s expected to grow at a 5.8% clip until 2025, according to a report in the Health Affairs journal. One way to keep those costs down is to take care of your health. Of course many illnesses and health issues are unavoidable, but behaviors like regular physical activity and abstaining from tobacco use are good ways to avoid unwanted trips to the doctor’s office.  Read more

by Derek Miller Mar 07, 2017

When looking to sell their house, most owners probably want to make a profit and sell the home for more than they paid for it. But the selling price isn’t the only factor to consider, there are hidden costs when it comes to selling a home. And if it takes a long time to sell a house or if the closing costs are exorbitant, the math may change on how much money the seller gets to pocket. We considered these factors and others when determining the best cities to sell a house. Read more

by Derek Miller Mar 02, 2017

Calling all those bargain hunters with wanderlust! There is a lot of ground to be covered, literally, by judiciously using airline reward miles. For many people racking up reward miles has become a hobby. But it’s not only about collecting the miles (often by choosing the best airline-specific credit cards), it’s also in how you redeem them. It turns out where you live may affect whether you get the best deals. We looked at data from major airline reward programs and domestic flight data to see where your airline reward miles go the furthest. Read more

by Derek Miller Apr 20, 2017

People take many factors into account when deciding where to buy a home. For some homebuyers access to good public schools is crucial, while for others safety is the top priority. Homebuyers may also… Read more

by Derek Miller Mar 02, 2017

Does retirement sometimes seem like a pipe dream? It’s true that incomes and jobs aren’t what they once were. Plus, planning for something 20, 30 or 40 years in the future can be difficult. But with… Read more

by Derek Miller Feb 23, 2017

You finally have enough savings for a down payment and you’re ready to buy a house. How much will monthly house payments cost? Like with any big financial commitment, it’s important to know how much… Read more

by Derek Miller Mar 03, 2017

Homeownership rates still have not fully recovered from the 2007 housing crisis, data from the U.S. Census Bureau shows. For some age groups, foregoing homeownership is not a hard decision. It can… Read more

by Derek Miller Feb 15, 2017

Ever feel like you’re one step away from looking under sofa cushions to cobble together your next rent payment? You’re probably not alone. In past studies we’ve highlighted cities where rent payments… Read more

by Derek Miller Mar 23, 2017

Home is where the heart is, so the saying goes. For homeowners, their home is also where they probably invested a large chunk of their money. In some places homeownership has proved to be a… Read more

by Derek Miller Feb 07, 2017

You’ve worked hard for 40-odd years and now you are ready to ready to enjoy a long relaxing retirement. But where should you live? You probably want to be somewhere affordable to get the most out of… Read more

by Derek Miller Feb 02, 2017

Raising a family can be tough. First of all, it’s expensive. The USDA estimates that raising a child born in 2015 would cost a family $233,000 over 18 years. It’s common nowadays for both parents to… Read more

by Derek Miller Jan 31, 2017

Buying a home takes a lot of planning. Neighborhoods need to be researched, open houses attended and, if you have children, schools need to be investigated. But first and foremost, before you can… Read more

by Derek Miller Jan 26, 2017

Folks at all income levels dream of the chance to retire with enough money to live comfortably. And retiring early, when you’re young enough to fully enjoy it, is an especially enticing prospect. In… Read more

by Derek Miller Jan 25, 2017

The number of Americans driving to work alone is on the rise, according to data from the U.S. Census Bureau. With the increase in drivers comes traffic, which means more time and money spent idling… Read more

by Derek Miller Jan 19, 2017

Some people eat just to live. For others, colloquially known as foodies, eating is the reason to live. Foodies’ lives are enriched by the act of eating great food. Some love to cook gourmet meals,… Read more

by Derek Miller Mar 18, 2021

The NFL salary cap (which limits how much teams can spend on players) has risen from $40 million in 1996 to $155 million in 2016. This means NFL salaries have increased by almost 400% over the past… Read more

by Derek Miller Jan 17, 2017

Coffee is the lifeblood for many Americans. It is not uncommon to hear people say they can’t start the day without that first cup of joe. However much like beer, a unique culture around coffee is… Read more

by Derek Miller Sep 20, 2018

Homeownership rates are on the decline for all age groups across the country, data from the U.S. Census Bureau shows. This trend is particularly pronounced for millennials, whose homeownership rates… Read more

by Derek Miller Dec 28, 2016

SmartAsset looked at America through a number of personal finance lenses over the past year. We crunched data to find the best cities to get out of debt and the cities where homeowners save the most… Read more

by Derek Miller Sep 20, 2018

Beer brewing is experiencing something of a renaissance at the moment. Since 2000 the number of breweries in America has tripled, data from the Brewers Association shows. This growth in breweries is… Read more

by Derek Miller Dec 21, 2016

There’s no getting around the fact that Americans as a whole could be in better shape. More than two in three American adults are considered overweight or obese, according to the National Institute… Read more

by Derek Miller Dec 21, 2016

The possibility of bad weather combined with the huge number of passengers trying to get around makes the December holiday period one of the worst times of the year to be an airline passenger. If you… Read more

by Derek Miller Dec 15, 2016

Ahead of the presidential election, publications like the New York Times, the Huffington Post and 538 gave Hillary Clinton somewhere between a 65%-99% chance of winning the election. You know what… Read more

by Derek Miller Dec 13, 2016

Of all American values, entrepreneurship is one of the most revered. Many Americans dream of the day they can take out a loan, build their own business and make it on their own. Big metro areas like… Read more

by Derek Miller Dec 08, 2016

Millennials are now the largest generation in the country, having passed Baby Boomers sometime in the past year. There are no shortage of stereotypes used to describe millennials (defined as those… Read more