PayPal and Venmo Risks to Your Money, We Rank the Best Banks for You, How Much Do You Need to Retire?

The Best Banks for You in 2023 | How Big a Nest Egg Americans Think They'll Need to Retire | The Hidden Risks of Storing Money in PayPal, Venmo or Cash App Created for {EMAIL} | [Web Version]( June 27, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] Top Story [] [The Best Banks for You in 2023]( [The Best Banks for You in 2023]( (Getty Images) Recent bank failures have many Americans feeling less than confident in financial institutions. If you're in the market for a new bank -- or for an additional one to store deposits that exceed FDIC limits -- use Kiplinger's [list of top banks and credit unions]( as a guide. [Are You on Track for Retirement?]( Vanguard Advisors can help you think through your retirement income and budget and balancing your expectations for growth with a disciplined approach to risk. [There's never been a more perfect time to get started.]( Paid non-client promotion [GET STARTED]( ADVERTISEMENT [] Retirement Savings [] [How Big a Nest Egg Americans Think They'll Need to Retire]( [How Big a Nest Egg Americans Think They'll Need to Retire]( (Getty Images) The size of your retirement savings is one of the biggest questions weighing on workers during their careers. A new survey reveals an alarming gap between [how much Americans think they'll need in their golden years]( - and how much they've actually saved so far. [] Payments [] [The Hidden Risks of Storing Money in PayPal, Venmo or Cash App]( [The Hidden Risks of Storing Money in PayPal, Venmo or Cash App]( (Getty Images) Mobile payment apps have exploded in popularity in the last several years. A new CFPB report reveals [unexpected hazards of storing money in PayPal and other payment apps](, highlighted by the recent failures of multiple banks and cryptocurrency exchanges. [CrowdStreet - New Investment Offering]( Look at this new offering: Wynhouse Miami by Fisher Brothers Miami boasts a strong economy and a population projected to grow by 10% over the decade. Miami currently leads the nation for rental growth with a year-over-year effective rental increase of 8.1%. [LEARN MORE]( ADVERTISEMENT: [] Also on Kiplinger [] - [Making your retirement savings last](: Three key questions to ask - [Charitable giving at work](: Why pressuring employees can backfire - The best [banks for high-net-worth clients]( - Four ways parents can [help kids be first-time home buyers]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger’s Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger’s Retirement Report]( and [Kiplinger’s Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](concat('mailto:',$brief_feedback_email)) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036