| |  | | September 10, 2025 | | | | | | | | If the Seller's Market Is Over, What Now? | | | By Keith Wagstaff
If you're looking to sell your home, you can't take anything for granted anymore. Prices are now dipping in many parts of the country, and the typical home is sitting on the market even longer than it did before the COVID buying boom of 2020 and 2021. But that doesn't mean there aren't opportunities for homeowners who are strategic, realistic, and flexible. We break it down. | | | | | | | | Your SoFi Toolkit | | Thinking about buying now that the housing market has shifted? With SoFi, you can put as little as 3%-5% down.¹ | | | | | | | | | | Leaving a Job? Think Twice Before Cashing Out Your 401(k) | | | By Debra Cope
Retirement may be the last thing on your mind when you're leaving a job.
But if you have a 401(k) or something similar with your employer, severing ties triggers an important decision about your future. You can either leave your money where it is, roll it over into another retirement account, or cash out your balance.
While it may be tempting to take the money and run — as one in three workers do, according to Vanguard data — that's the least desirable option, if you can avoid it. Between taxes, penalties, and the growth potential lost, cashing out your 401(k) or 403(b) plan can seriously set your retirement savings back. | | | | | | | | | | Are You Making the Most of Your Savings? | | | | For a limited time, get a 0.70% boost on our highest savings APY (currently 3.80%) when you set up a new account with eligible direct deposit. Terms apply.² | | | | | | | | | | | 595,000 | That's how many Fidelity 401(k) balances topped $1 million in the second quarter — more than ever before, according to new stats from the investment firm.
Fidelity attributed the new record for 401(k) millionaires to the stock market rally and consistently high savings rates, which also boosted the average 401(k) balance to a fresh high of $137,800. That marked an 8% increase from the previous quarter, the biggest quarterly lift since the fourth quarter of 2023. | | | | | | | | | Informed investment decisions start with informed insights. Here's what's making headlines:
🧠 Could generative AI's coding abilities kill the need for dedicated software companies? Enterprise software giant Salesforce (CRM) is the largest company facing this existential question. (The Wall Street Journal via Yahoo Finance)
🛍 Buy-now-pay-later service Klarna is expected to make its long-anticipated public debut, heading up what could be the busiest week for IPOs in years. (MarketWatch via MSN)
🏈 Google's (GOOG) YouTube said its first exclusive NFL broadcast broke a record for the company, with ~17.3 million concurrent viewers for the livestream of the LA Chargers vs. Kansas City Chiefs game. (TechCrunch) | | | | | | |  | | With so few people buying homes or switching jobs, America's mobility is stalling. (The Wall Street Journal via MSN) | | | | | | | | | | | Intel, insights, and inspo for your money. | | On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all. | | | | | | | | | | Did you find today's newsletter valuable? | | | | |
| | | | INVESTMENTS ARE NOT FDIC INSURED ‑ ARE NOT BANK GUARANTEED ‑ MAY LOSE VALUE | | SoFi Checking and Savings accounts are offered by SoFi Bank, N.A., Member FDIC. SoFi Credit Cards are issued by SoFi Bank, N.A. pursuant to license by Mastercard® International Incorporated.
Loans originated by SoFi Bank, N.A., NMLS #696891 (www.nmlsconsumeraccess.org). Equal Housing Lender.
¹Low down payment options: SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
²Earn up to 4.50% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.80% APY as of 8/5/25) for up to 6 months. Open a new SoFi Checking & Savings account and enroll in SoFi Plus by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.
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Advisory services are offered through SoFi Wealth LLC, an SEC-registered investment adviser. Information as of September 2025 and is subject to change. Screen images simulated.
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