Free Money Finance

Free Money Finance is a personal finance blog designed to help readers grow their net worth. The site is over four years old and contains more than 7,000 posts on saving money, making money, investing, planning for retirement, and all other personal finance related topics.

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Here's a list of average debt by age in the U.S.: Under 35: $67,40035–44: $133,10045–54: $134,60055–64: $108,30065–74: $66,00075 and up: $34,500 It includes mortgages, student loans, etc. I'm thinking it's a lot better than I would have guessed. Maybe the average is lowered by a bunch of people on the low-end with zero debt? What do you think?

CNBC lists two ways to improve your retirement savings as follows: Two steps — delaying retirement until 67 and putting away at least 6 percent of your salary — can make a huge difference, according to new research from Morningstar. Here's why these are such good moves: Just those two actions could boost the chances that American households will have what they need in their golden years to 71.2

The following is a guest post from The Master Dukes of Dollars. The two bloggers held court frequently, delving into lifestyle and personal finance discussions as they searched for ways to live an optimal life, eventually deciding to invite a global audience into their mindsets by establishing their own blog together.

Here's a list of the 50 best retirement cities from Business Insider: The top ten: 10. Las Vegas9. Austin8. Denver7. Honolulu6. Salt Lake City5. Atlanta4. Scottsdale3. Miami2. Tampa1. Orlando A few thoughts from me: The Florida cities did so well because they have no state income tax, great weather, and lots to do. Denver is awesome, though I like Colorado Springs better.

CNN Money has this to say about healthcare spending in retirement: The average couple retiring today at age 65 will need $280,000 to cover health care and medical costs in retirement, according to an annual estimate by Fidelity, released Thursday. A few thoughts from me: This is from 65 on.

Here's a post that says if you paint your house door black, your home's value will increase by $6k: Zillow released an analysis Wednesday after examining some 135,000 photos from listings across the U.S. since 2010.

Here's a piece that says millions of Americans think they will never retire. The details: A majority of Americans don’t know how much money they need to save for retirement, while 19 million Americans don’t think they will retire at all. Ok, so this is two different issues: One group doesn't know how much they need to save for retirement. That's an easy fix.

Bankrate tells us that the average side hustler earns $8k per year. The details: Side hustlers make $686 per month, on average. Within a year, it’s possible to earn more than $8,200.

Here's a piece asking if you should downsize in retirement.  It goes through a discussion of the pros and cons of going from a large house to a smaller one in retirement. We are having this discussion in our home.

Putting money into a savings account...that’s pretty boring. Going to Vegas and winning at the blackjack that’s a rush!