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 ...

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, ...

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, ...

In investing, compounding involves reinvesting the earnings an asset generates so they produce additional gains over time. Compounding is a powerful investment tool because it not only provides gains ...

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 ...