A new study in a land of grumps reveals that retirees with a guaranteed lifetime income stream can find true happiness.
income
Retirement-Age Women Twice As Likely As Men To Live In Poverty — What’s Going On?
When it comes to personal finance, there is (if you’ll pardon the pun) a wealth of information to show women are more cautious, more meticulous and more responsible. And yet, a new study today from the U.S. Government …
Million Dollar Babies: What It Really Costs to Raise a Child
Last week, the Department of Agriculture announced that the cost of raising a child is now estimated to be $234,900. The fact that this figure represents an all-time high probably set some new and expectant parents into a panic. …
Our Net Worth Is Down 39%. How Worried Should We Be?
It’s unlikely that most families will be able to make up for lost time after a 21-year period in which growth in their net worth has averaged out to less than nothing. However, some analysts are clinging to misconceptions that …
Which States Have the Most Economic Mobility?
Americans love economic mobility. It’s kind of a founding myth for us: We see ourselves as having broken free from rigid, aristocratic Europe to form a meritocracy that guaranteed a chance to move up in the world. Though there …
5 States With the Worst Credit Scores
What’s in a number? When that number is your credit score, it’s the key that gives you access to credit cards, mortgages and other loans. Anything below 720 can make it tougher or more expensive to get a loan now, which means a …
The Best City in the U.S. for a Cheap Date
If you’re single and lonely this Valentine’s Day, you may want to head up north, maybe to Ann Arbor, Mich., because according to a study by Kiplinger’s Personal Finance, the city’s combination of unmarried households, …
5 Most Surprising Findings From the 2010 Census
Over the past 10 years, our population growth has slowed, we’ve found it increasingly hard to leave home to start a career, and our salaries have decreased for the first time on record. But, it’s not all bad news.
10 Money Moves to Make Before 2012
It’s that time of year again. Gifts to buy. Tips to hand out. Charities to support. While you’ve got your hand on your wallet, consider these 10 year-end money-saving moves designed to create a little something extra just for you.
How to Boost Your Income
I’ve written a lot — at TIME Moneyland and other sites — about the importance of taking charge of your own financial life. Nobody cares more about your money than you do. If you’re not willing to be smart with your money, you …
Working More, But For Less Pay?
Higher unemployment isn’t the only thing putting the American dream at risk.
Americans live by the idea that each generation can do better than the last and that, for those who have a job, working hard leads to more success. But that’s not panning out, according to a new paper by the Brookings Institution. Since 1975, two-parent …
$145: What Upper-Income Consumers Spend on an Average Day
That was the average in May for people earning $90K or more, and the figure represents an increase of 33% from May 2009, when folks in that same income bracket spent an average of $109 per day.
