Is there a rule of thumb on how long someone should keep their old financial paperwork? I have file cabinets full of old receipts, bank and brokerage statements, tax returns and more that I would like ...

Generally, it's advisable to keep individual tax returns for a minimum of three years. This is primarily due to the Internal Revenue Service (IRS) having three years from your filing date to audit ...

Dear Savvy Senior: Is there a rule of thumb on how long someone should keep their old financial paperwork? I have file cabinets full of old receipts, bank and brokerage statements, tax returns and ...