Investing for your retirement can be a big headache these days. With an unstable economy, stock market investments and traditional retirement options can be risky. For those 60 and under, stock market investments may still be an option, but for those over 60, a more secure investment (at least for a portion of your portfolio) […]
The average American household carries roughly $15,000 in credit card debt, not including mortgages or loans. Economists are concerned both for the present generation’s debt problem (Millenials are projected to be in debt their entire lives), and for the Boomer generation’s ability to retire without racking up huge amounts of credit card debt. With such […]
The economic conditions in which you’ve grown up have undoubtedly influenced your financial habits and attitude toward money, whether you realize it or not. The result is that each widely-recognized generation group in the last several decades has drastically different statistics for spending and saving, as well as notable pitfalls and strengths. Here’s an overview […]
Jane has always wanted to see Aruba. She wants Robert to take her there to celebrate his late retirement. But Robert’s head is pounding from an unrelenting fear: they won’t have enough money to spare from their savings. Fifty-six years (give or take a decade) working for a company, and you’d think there’d be a […]
Now that we’re almost halfway through the year, it’s a good time to conduct a mid-year checkup on your finances and figure out whether or not you need to tweak your budget. Here’s how to evaluate how you’re doing — and what you need to do next: Review Your Progress Have you been making progress […]
Last week, the House passed a bill that would require bondholders and Social Security beneficiaries to be paid first in case of a failure to raise the ceiling on the national debt later this summer. While the bill passed, there’s doubt it will get past the Democratic majority in the Senate; the White House has […]
