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The presidential inauguration is less than two weeks away, and one of President-elect Donald Trump’s plans is to increase tariffs on international goods like clothing and electronics. The ABC7 I-Team is finding out what this could mean for consumers’ budgets at the stores and why they may want to cash in now on January sales.

Paying off your mortgage can be both a massive accomplishment and a huge relief all at once. Whether you’ve been paying for 30 years, or only a few, knowing your home is officially yours can be a significant milestone. According to U.S. Census Bureau data, from 2018 to 2023, an average of 61.2% of homeowners had a mortgage.

Retiring at 50 is a dream for many working Americans, but in order for that to happen you have to either be really luck or start early and do plenty of planning along the way. It is actually possible, however, which begs the question — how much money do you actually need? The answer, it turns out, isn’t so simple.

Today’s investors face unique challenges. High inflation is eroding portfolio value, market volatility has made it more difficult than ever to predict returns and manage risk, and interest rates on bonds and savings accounts are historically low, weakening the power of traditional diversification tools. Faced with these issues, some investors are seeking alternatives to traditional assets to strengthen their position. The following are some that are available today.