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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 of American Business Editors and Writers. 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 Apr 04, 2018

New York real estate has an estimated market value around $1.26 trillion as of 2018, according to the New York Department of Finance. Some New York neighborhoods are more popular than others, putting upward pressure on home values and mortgage costs. Below we look into the phenomenon to find the New York City neighborhoods with the fastest-growing home values. Read more

by Derek Miller Apr 04, 2018

Nearly 17 million people competed in 30,400 U.S. road races in 2016, according to data from Running USA. But for Americans who are truly passionate about getting their daily steps in, not all cities are equal. Some cities are better for runners who prefer to run outdoors. While others are better for those who value access to competitive races. Below we look at these and other factors to rank the best cities for runners. Read more

by Derek Miller Mar 28, 2018

Americans sold 612,000 homes in 2017 and 44,000 in January 2018, according to data from the Census Bureau. For most home sellers, selling your home at a profit is likely one of your goals. Location is a big factor in this, as some housing markets favor sellers while others are more favorable to buyers. Below SmartAsset looks at the best cities to sell a house. Read more

by Derek Miller Apr 02, 2018

Few things are more frustrating than trying to get in touch with your bank when something has gone wrong with your checking account or savings account. But when handling bank account-related problems… Read more

by Derek Miller Mar 20, 2018

Around 4% of Americans name hockey is their favorite sport to watch, putting it in fifth place behind football, basketball, baseball and soccer. So while hockey may not be America’s favorite pastime,… Read more

by Derek Miller Mar 13, 2018

In some housing markets across the country it may feel like you need to be a millionaire just to buy a home. This is truer in some cities than in others, like San Francisco where Census Bureau data… Read more

by Derek Miller Mar 13, 2018

Financial advisors can be a great resource for helping people hit their financial goals, whether they are saving up to buy a home or preparing for retirement. In some cities across the U.S., there… Read more

by Derek Miller Mar 21, 2018

People buy second homes for a variety of reasons. Some people buy a beach home as a place to get away during the winter months, others buy a place next to their favorite mountain to enjoy the slopes.… Read more

by Derek Miller May 07, 2018

It’s hard to overstate the value of an education. According to Census Bureau data from 2016, the average worker with a bachelor’s degree earns $51,600 per year. That is roughly $22,000 more than the… Read more

by Derek Miller Feb 28, 2018

Before the recent tax bill was passed, there was some discussion around lowering contribution limits on retirement accounts. While no changes on contribution limits made it to the final version of… Read more

by Derek Miller May 21, 2018

The cost of raising a family continues to rise. The United States Department of Agriculture (USDA) estimates that raising a child born in 2015 costs $233,610, from birth to age 17. After accounting… Read more

by Derek Miller Feb 22, 2018

Women are consistently paid less than men for the same work, according to data from a variety of sources, including the Bureau of Labor Statistics and the Census Bureau. Additionally, women are often… Read more

by Derek Miller Feb 20, 2018

The average financial advisor makes $123,100 per year, according to the Bureau of Labor Statistics. That is about 2.5 times more than the average U.S. worker. But being a financial advisor is about… Read more

by Derek Miller Feb 14, 2018

Hollywood and New York City probably come to mind when you think about the places with the most million-dollar earners. While location plays a part in how much money you earn, there are other factors… Read more

by Derek Miller Feb 07, 2018

Does it feel like most of your paycheck goes to covering rent? You’re probably not alone. Data from the Census Bureau shows that over 46% of American renters are housing cost-burdened. But the scale… Read more

by Derek Miller Mar 16, 2018

Saving for retirement is tough. Between paying rent or a mortgage, combined with credit card debt, or maybe student loans, finding a few spare dollars to contribute to a retirement fund is difficult.… Read more

by Derek Miller Feb 05, 2018

In the past SmartAsset has analyzed gender income inequality through the lens of earnings. As of 2016, the Census Bureau estimates that the average full-time working female earns 80% of what the full… Read more

by Derek Miller Jan 31, 2018

For most people, the only fun part of doing your taxes is getting your tax refund. Not everyone receives a refund. Technically speaking, tax refund is money you overpaid in taxes, meaning it was… Read more

by Derek Miller Jan 30, 2018

Millennials, for the most part, are a generation of renters. Only 34.7% of Americans under the age of 35 owned their homes as of 2016, according to a Census Bureau survey. But that’s not always by… Read more

by Derek Miller Jan 24, 2018

The best way to prepare for retirement is to get a head start by saving early and often, letting your 401(k) accrue interest as you head toward your golden years. But even the best-laid plans may go… Read more

by Derek Miller Jan 23, 2018

The job market can change quickly. The decline in manufacturing jobs was a focus during the 2016 presidential election and the BLS projects some jobs like data entry keyers will be in serious decline… Read more

by Derek Miller Mar 28, 2018

Big cities can be challenging places to live. But if you are trying to leave a big city it can be difficult to find a smaller city worthy of moving to. Big cities tend to get the most attention when… Read more

by Derek Miller Jan 17, 2018

Many taxpayers fret over where their hard-earned money goes once they’ve paid their share of taxes. This is true for residents of all states. But some states get a better deal when it comes to income… Read more

by Derek Miller Jan 18, 2018

As winter drags on you may catch yourself wondering if summer is ever coming back. But it doesn’t have to be that way. There are plenty of towns across America where it’s possible to spend a few… Read more

by Derek Miller Jan 10, 2018

Many Americans try to reduce the stress of filing taxes by using online tax software or hiring an accountant. In some states getting this tax help is easier than others due to more affordable rates… Read more