Walter Updegrave Personal Finance Columnist FinancialSumo

Walter Updegrave

Walter Updegrave

12 articles

Editor

Personal Finance Columnist

Robert Hale writes about retirement, investing, savings, credit, insurance, and consumer protection with a practical, skeptical voice focused on ordinary households.

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Walter Updegrave graduated from the University of Pennsylvania, where he studied economics before building a career across financial newsrooms, consumer finance desks, and retirement research teams. He has spent much of his work around savings decisions, workplace retirement plans, insurance choices, household credit, and the kind of fine print that turns “smart products” into expensive surprises. His writing focuses on personal finance, investing, retirement security, consumer protection, and the risks ordinary households face when financial advice starts sounding too polished. He writes with a practical, skeptical, reader-first voice: clear enough to use, cautious enough to trust, and never too impressed by financial machinery that mainly pays the people who built it.

Topics

  • Taxes Tax filing, deductions, credits and investment tax guidance for U.S. readers
  • Investing Investment education for beginners, long-term investors and risk-aware decisions
  • Public Companies Coverage of listed companies, stocks, tickers, sectors and market-facing businesses

Latest articles by Walter Updegrave

How Top Cash Rates Can Boost Your Savings Amid High Inflation

With inflation above 4%, choosing the right savings account or CD can mean hundreds of extra dollars in interest. See how today's leading cash rates compare and what your money could earn over six months

How Leaving a Job Can Impact Your 401(k) and Retirement Savings

Changing jobs can trigger unexpected 401(k) moves, forced cash-outs, or automatic rollovers. Learn how balance size, account type, and IRS rules affect your options-and what steps to take to avoid taxes, penalties, or lost investment growth

Retirement Savings Fears Grow as Americans Brace for Shortfalls

A new survey finds 62% of Americans worry they'll reach retirement age without enough savings, as concerns mount over Social Security cuts, rising living costs, and the high price of long-term care

How State-by-State Cost Gaps Reshape What Your Salary Can Buy

A $70,000 salary stretches much further in Oklahoma than in Hawaii or California. See how state-level cost differences can add or subtract thousands from your real spending power

Keystone Pipeline Faces $26.9M Penalty After Major Kansas Oil Spill

The Keystone Pipeline operator will pay nearly $27 million in penalties and invest $40 million in safety upgrades after a 2022 oil spill in Kansas, raising questions about pipeline oversight and environmental risk for U.S. communities

Goldman Sachs Doubles Down on SanDisk With $2,200 Price Target

SanDisk stock has soared over 700% in 2026, and Goldman Sachs now projects even more upside. The firm’s new $2,200 target highlights a sharp divergence from Wall Street consensus and signals a major shift in semiconductor earnings expectations

Tesla-SpaceX Merger Hopes Face Cash Burn and Regulatory Hurdles

Tesla’s potential merger with SpaceX is fueling investor speculation, but analysts warn that heavy spending and regulatory barriers could limit any near-term upside for shareholders betting on a quick deal

US Home Prices Reach Record High as Affordability Worsens

The median price for existing homes in the US hit $440,660 in June, marking a new peak as affordability remains out of reach for many buyers and a major housing bill stalls in Washington

Remote Work Is Raising Unemployment for Young College Graduates

A new Federal Reserve Bank of New York study finds remote work is responsible for most of the rise in joblessness among recent college grads, as employers hesitate to hire and train inexperienced workers outside the office

Apple Sues OpenAI Over Alleged Theft of Trade Secrets in AI Hardware

Apple has filed a lawsuit against OpenAI and two former employees, alleging the misappropriation of confidential technology to accelerate OpenAI’s push into AI hardware, raising new questions about competition and intellectual property in the sector

How Much Interest $1,000 Earns in a Money Market Account Now

Money market accounts are offering rates near 4%, far outpacing traditional savings accounts. See how much interest a $1,000 deposit could generate in just a few months—and what risks and trade-offs savers should weigh before moving cash

Luxury London Homes Face Prolonged Slump as Buyers Hold Back

High-end properties in London’s most exclusive neighborhoods are sitting unsold for months, signaling a shift in demand and raising questions about the future of the city’s luxury real estate market