Having grown up with social media and in a time of financial crisis, Millennials lean on each other for financial advice. Is this anyway to build a nest egg?
Financial Planning
How to Manage a Loved One’s Financial Affairs
Taking the reins from an elderly family member can lead to discord. Here’s a 4-point guide to doing it right.
Dangerous High-Wire Act Most Retirees Are Facing
Most Americans are borrowing more than they save for retirement, a new study finds.
Smells Like a Comfortable Lifestyle: How Gen X is Winning Retirement
Yet another study details the retirement savings crisis in America. But this one finds that one generation is changing its future for the better.
Student Loans Are Becoming a Drag on the US Economy
The CFPB’s student loan ombudsman draws parallels with mortgage crisis and says student debt is hurting the housing market and the economy.
The Key to Fixing America’s Savings Crisis
Savings plans at companies with fewer than 500 employees lag larger plans in almost every way.
Why We Want—But Can’t Have—Personal Finance in Schools
We’ve reached consensus: financial education is good for individuals and the economy. Trouble is we are now paralyzed by choice.
Here Come the Three Horsemen of the Retirement Apocalypse
Coming soon: means testing, mandatory savings, longevity insurance
Americans Are Saving Too Much–Sort of
None of us knows how long we’ll live. So we each strive to save for the outlier lifespan, potentially socking away more than we’ll need.
Seeking Shelter from Stock Swings Savers Take on a Different Kind of Risk
Ducking the market risk that comes with owning stocks, three generations of savers are signing up for another risk: missing out on the growth they need to save a decent nest egg.
Is the American Dream Withering or Just Changing?
Opportunity, homeownership and retirement security are down. Now we hear that most believe the next generation will be worse off than the last. Well, OK, but the kids don’t believe it.
Retirees Are Living Longer, Creating a New Star Financial Product
With guaranteed income emerging as the great retirement issue of our long-lived days, a once-ignored annuity gains traction.