From 1978 to 2013, the average single family home grew from 1,780 to 2,660 square feet. This means more house to heat and cool, more space to clean and maintain, and more room for more stuff. And while the average house was growing, the typical family was shrinking, as the average family went from having three kids in the 1970s to two in the 2010s.
People can choose to define financial independence in their own way -- after all, not everyone wants a private jet and a mansion. However reaching real financial independence -- the ability to live comfortably off one's savings and investments with no debt whatsoever -- could be easier than you think.
Boomers face the increasing perception that they are getting long in the tooth, and that younger managers are better prepared to lead project teams going forward. Yet the truth is that over 80 percent of corporate managers are not only ill-suited to their jobs, but their lack of leadership negatively impacts profitability.