If you're picturing a stress-free retirement where you live off investment interest, use this easy formula to calculate how ...

Some 60% of all Americans say they wouldn’t be able to cover a $1,000 emergency expense from their savings, according to ...

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with accurate ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Discover offers a relatively accessible savings account, but the APY is low ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.