A thriving industry has sprung up around people 40-plus going back to work or switching careers. The newest wrinkle is something called a “returnship,” which is practiced at a handful of leading companies including Goldman Sachs and Sara Lee.
Planning
Why Your 401(k) Match Will Get Cut
Trendsetter IBM chisels away at its employees’ retirement security. Is your company next?
How Debt-Ravaged Greece Aced a Financial-Literacy Survey
In a poll, Greeks tested highest in all of Europe for mastery of personal financial issues. Here’s what this impossible finding means
Why Limiting the Charity Tax Deduction Won’t Destroy Charities
Democrats worry that a GOP proposal to curb deductions for charitable giving would crush the finances of key nonprofits. It wouldn’t. People give for dozens of reasons that have nothing to do with tax savings.
How Much Should You Save for Retirement?
It’s one of the toughest financial questions to answer: How much do you need to save for retirement? Save too little and you might find yourself working at McDonald's during “retirement” — or living with your son-in-law. Save …
Top Three Flawed Arguments of the Anti-College Crowd
The anti-college movement has been the subject of increasing media coverage over the past few years. Worry about rising debt loads, soaring default rates, and high unemployment rates among recent college grads — combined with the high-profile success stories of a few dropouts-turned-billionaires — has generated a cottage industry of …
Birth Rate Plunges During Recession
Birth rates hit an historic low in America last year. This small number of newborns will hit the workforce in 20 years, just as the last baby boomer reaches full retirement age. The pension math is not pretty.
Kids and Allowance: The Debate that Divides Us
To heck with the fiscal cliff. The financial debate that won’t go away is among parents who just want to know if their kids should work for the allowance they receive. The answer isn’t always as easy as it may seem.
Is the Student-Loan Debt Crisis Worse than We Thought?
A new report from the Federal Reserve Bank of New York delivers generally positive news about the economy with one glaring exception: student-loan debt. The amount of debt and delinquencies are climbing, and some experts say the …
Fiscal Cliff: Why Congress Might Have to Mess with the 401(k)
Everything is on the table as Congress wrestles with the fiscal cliff, heightening long-held fears about the tax-free and tax-deferred growth embedded in retirement accounts.
5 Career Paths to the Millionaire’s Club
Wealthy Americans cite five paths to wealth. Here they are.
5 Tax Moves to Make by Yearend
There’s a reason that Wal-Mart, Wynn Resorts and hundreds of other companies are accelerating dividend payments into this year: Tax rates are going up. Individuals should be looking at similar steps. Here are five that make sense now.