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.
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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.
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.
Forget Black Friday — Here Comes ‘Back-to-School Saturday’
We already have Black Friday, Cyber Monday, Presidents Day Sales, July 4th Promotions and about every “car sales event” you can think of. So it only makes sense that someone finally came up with the idea of Back-to-School Saturday.
Retirees Taking Early Social Security Benefits Hits 35-Year Low
Boomers have got the message: For most people, it makes sense to delay Social Security benefits to age 70 if possible. More made the choice to delay in 2011 than at any time since 1976. Here’s how you can afford to wait too.
5 Key Financial Questions for People in Their 50s
We spend most of our working years accumulating savings for retirement and after that spending them carefully so they last. We need to spend a little more time managing the transition. Here’s how.
The 7 Biggest Retirement Planning Mistakes
Retirement readiness is near an all-time low. Just 14% of adults are very confident they will live comfortably after quitting work and 60% have less than $25,000 in savings, according to the Employee Benefits Research …
Boomers Flock to ‘Longevity Insurance’ for Retirement Security
Guaranteed income in retirement has emerged as a central issue for baby boomers, and fast becoming the solution of choice is something called longevity insurance. It’s a nifty product—but, as you might suspect, hardly flawless.
6 Myths About Saving for Retirement
With just 14% of workers saying they are confident in their retirement plan, it’s time for most of us to kick saving into high gear. It’s doable if you can get past these 6 myths about saving.
Study: Parents Are Terrible Financial Role Models
Talking to your kids about money shouldn’t be so difficult. They are generally eager to understand what it takes to earn and save, and how to set and achieve money goals. Yet parents are more comfortable discussing bullying and …
How a Digital Picture of Your Future Self Can Change Your Saving Habits
A realistic vision of what you’ll look like years from now prompts workers to boost their savings rate. Here’s why company HR departments will soon have employees coming face to face with their future self.
A Website That Could Curb Your Urge to Buy
To the uninitiated, Pinterest.com is kind of a peculiar website. It’s one social network, one part digital scrapbook and one part browser bookmark bar. What’s more, this “virtual pinboard,” as the site describes itself, might be …