So-called Safe Accounts offer extremely low fees and no overdraft penalties. Banks are still experimenting but the early results have been encouraging and a product geared at the unbanked may just right for many others too.
Retirement living is no longer about sunshine, golf, hospitals and low costs. It’s about senior-friendly activities, jobs, transportation and technologies. A new report examines 78 criteria in 359 cities to rank the very best …
If any good came of the recession it was that individuals refocused their values and that families started discussing debt and what they could and could not truly afford. Psychologists predict it’s just a matter of time before …
Fitting in? Finding a date? That’s nothing. College students are more stressed than ever, and money issues have emerged as the top culprit.
A new study in a land of grumps reveals that retirees with a guaranteed lifetime income stream can find true happiness.
Billions of dollars are leaking out of 401(k) plans as workers lose their jobs and cannot repay loans from their plans. This has stirred some to call for insurance policies that would restore 401(k) money lost through loans that …
Dividend stocks are leading the market and some pundits believe the rally is a bubble about to end badly. But they may be underestimating the flood of income-starved retiree money heading this direction in a record low-yield environment.
Domestic stocks are the No. 1 place that millionaires have been putting their money in the past year, according to a Fidelity survey, which runs directly counter to the behavior of the average investor.
New research uncovers a vexing problem: The typical worker can readily find an additional 5% to 10% in their budget to put away for retirement. But they don’t do it because they are unsure what moves to make.
One-on-one financial counseling at the office leads to higher savings rates and other wise money choices, a new study shows. Other research in this area is conflicting. But employers are embracing the benefit.
How much do you need to retire? It’s the cosmic question of our day and a new report from Aon Hewitt puts forth a simple answer. But this won’t be the last word on the subject.
Scam artists have a new method: pose as a youngster in trouble in a foreign country and get Grandma to wire money. You’d be surprised how often it works.
