70 is the new 50 at work these days. A new survey about what older workers want shows how much our timeline has changed.
Financial Planning
Are We Lying to Ourselves About Our Pension Problems?
Private pensions are underfunded and fading away, and the agency that insures them is itself running a record deficit. Now we learn that pension funds covering public employees are more seriously underfunded than previously believed.
How Smart Phones Are Changing the Way We Bank, Drive, Have Sex and Go to the Bathroom
“Smartphonatics” are changing the way we bank and play. And while smart phones are making a lot of things easier, in many contexts they are the source of gross distraction and rude behavior
Why Planets Collide When We Talk About Money
When it comes to money, men really are from Mars and women from Venus, according to an expert panel at the Council for Economic Education. The one thing they have in common: Neither is particularly astute when it comes to managing their finances.
Are You Saving Too Much? No, Really
Even after the recession decimated the net worth of millions, some economists argue people are being tricked into saving more than they need. At least they have conviction.
5 Smart Strategies for Managing Your Debt
Consumers have been good about paying down their debt. But they stink at managing what debt remains. Here are five ways to keep control.
What Comes First–Wealth or Health?
Workers increasingly see themselves as more physically fit than fiscally fit, suggesting that good health is their strategy for saving money in retirement. But until they get control of their finances, their health is at risk no matter how many laps they may swim.
Italy’s Newest Museum: Dante, Moliere and…Personal Finance
The Museum of Saving opened its doors in Turin, Italy last month, with a mission to bring personal finance to life. Financial education is being taken seriously around the world.
The New Normal: From Families to Nobel Winners, It’s All About Less
The wealth of American families has fallen to levels last seen in the early 1990s. Yet a shrinking payout for Nobel Prize winners suggests that even our brightest minds must adjust to the new normal.
Wealth Transfer? Boomers Banking on a Mirage
Under-saved boomers have long believed that a tremendous generational transfer of wealth will save their retirement. Estimates have put the expected bequest from boomer parents at $10 trillion to $30 trillion. Well, don’t count on it.
How to Give Heirs What They Most Want (It Won’t Cost Much)
An enduring legacy of the financial crisis has been a clear shift in personal values—away from materialism and toward relationships and experiences. Born out of need, this national (if not global) rethinking of what is most important has had remarkable staying power even as the economy has started to improve.
