Most people delay saving for retirement until their income goes up and retirement age is on the horizon. It makes sense. But it doesn’t work. Here’s why.
As the people of Greece anticipate an even deeper slump and a possible abandonment of the euro, the central bank unveils a museum chronicling the history of money. This is what passes for financial education.
A nation at the heart of the global debt crisis has a financial-education strategy focused on schoolkids. I speak with one of the architects of the plan in Madrid, where a new four-year plan is in development
A report from T. Rowe Price argues that the first few years out of school are critical in reaching long-term financial security. Starting saving early is so important that you can virtually lock up retirement security by age 30 if you take these four steps
Dodd-Frank financial reform mandated a study on what Americans understand about investments. The results weren’t pretty.
With the start of another school year, the air is once again filled with angst over the high cost of college. But the discussion is shifting. It’s not just about runaway tuition inflation anymore, or even the individual …
The venerable Girl Scout cookie drive has morphed from simple fund raiser into a personal finance tutorial for kids, lending the organization heightened relevance as it celebrates its 100th anniversary this year.
Most workers eat lunch out at least once a week. It’s convenient and maybe even fun. But if you simply stop going to the deli or pizza shop you can retire on the savings. The trick is getting set up. Here’s how.
New data show that the percentage of companies offering a 401(k) match is back at pre-recession levels. Meanwhile, features like advice and auto enrollment are way up. Now, if we can just get workers to pay attention.
An important part of retirement planning is estimating your future tax rate. Most financial planners assume tax rates will go up in the future. But while that may be true it doesn’t necessarily mean the amount of tax you pay …
Everyone seems to want lifetime-income products as a 401(k) option. But our retirement system is so skewed toward accumulating, not drawing down, assets that the income problem managed to catch us by surprise. Change is coming–but not nearly fast enough.
Student debt is soaring in the households of the well-off. Will this be a turning point in the way we think about education and how much we are willing to pay for a degree?