As the severity of this recession sinks in, the call grows louder for a serious plan to help people help themselves when it comes to their finances. After all, things won’t get much better anytime soon.
Planning
The Latest Retirement Strategy: Become A Landlord
With interest rates at historic low levels, an adequate retirement-income stream has become difficult or expensive to secure. Increasingly, baby boomers say they will count on rental income to fill gaps.
Save for Retirement or Pay Tuition? Most Parents Are Making the Wrong Choice
With all the hand wringing over the high cost of college and amid an increasingly loud debate as to whether the expense is worth it, parents by a wide margin see saving for tuition as equally or more important than saving for retirement.
Behind the Scenes, Apple Planned Jobs’ Succession By The Book
Succession planning is a mundane but necessary aspect of corporate life. When done well, transitions go smoothly. When neglected, the results can be disastrous.
Your Stock Fund Lost Money? Well, They All Did Last Quarter
We’ve all seen the sobering numbers on things like unemployment (9.1%), GDP (1.3%) and the national debt ($15 trillion). Now comes another reality check: Last quarter, not a single U.S. diversified stock fund made money. Not one.
Study: Shoppers Make Better Decisions If They Don’t Think Too Much
Consumers have plenty of choices in the marketplace. Too many choices, really. For instance, does Betty Crocker need five kinds of vanilla cake mix? Do shoppers really want to decide among 200 different shampoos filling an entire …
Can Entrepreneurs, Stuck On An Island for a Few Days, Solve the World’s Biggest Problems?
At a small conference on a little island, some big thinkers propose ways to fix everything from energy to education.
Financial Infidelity: A Quarter of Americans Willing to Hide Money Troubles from Their Spouse
It’s cheating, but a different kind. According to a new survey, 1 in 4 married people in the U.S. would not tell their spouse if they were experiencing financial difficulties. Some didn’t want to worry their partner, while …
They’re Just Not Making Retirement Like They Used To
As many Baby Boomers approach traditional retirement age, they’ve had plenty of time to watch their parents’ generation enjoy the golden years in style—with ample travel and leisure and a minimum of financial worries. Many …
Reminder: NYC Financial Fitness Workshop on Saturday, October 1
Any New York-area readers looking to improve their financial fitness this weekend?
Same Old Story: Health Insurance Premiums Soar, Yet Again
Haven’t we all heard this one before? The average cost of health insurance premiums rose sharply this year: Family costs are up 9%, topping $15,000 annually for the first time. Over the last 10 years, family premiums have risen …
Simply Finishing College Offers the Best Chance to Gain Financial Education
A new report paints a dim picture of success in college. Meanwhile, the failed pursuit of a college degree leaves many in a financial straight jacket: They owe tens of thousands of dollars in student loans and have a diminished …