One of the biggest financial advantages out there is something anyone can access by opening a simple retirement account: compound interest. Retirement accounts such as 401(k)s and Roth IRAs aren't ...

In the good old days, young Americans went to work for an employer who would promise a comfortable retirement in the form of a pension plan — that is, a defined-benefit plan. Today, it's increasingly ...

The miracle of compounding can turn a mere $1,000 into millions of dollars -- or it can just strengthen your savings account via compound interest. The world of finance can seem boring to many people, ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Suzanne is a ...