If we can't reform our system, we at least need to communicate to baby boomers that they need to stay at their decently-paying jobs at least another decade, rather than "retiring" and ending up taking part-time, benefit-less minimum-wage jobs to try to make ends meet.
I'm 53 and have virtually no retirement savings. According to popular wisdom, I am destined to spend my golden years in a box under the nearest railway trestle.
Budgeting your finances and being mindful of how you spend will be key in creating a foundation for a healthy financial picture going forward.
I didn't want to work the next five, 10, or 30 years of my life and have nothing to show for it. I started to venture outside my comfort zone and aggressively learn and invest moderately. That's not to say I have a grand portfolio, but I've definitely put myself in a position to succeed.
Once you determine how your current expenses are going to change during your retirement years, you can start to understand how much you'll really need to save.
The earlier you begin saving money and the earlier you begin managing debt, the more likely you will be able to react to the challenges and opportunities that lie ahead.
At the state and local levels, mayors and governors across the nation are issuing Equal Pay Day proclamations. It's encouraging to see that more people are paying attention to this issue. After all, we do want a world in which our daughters and sons are paid fairly. Agreed?
Don't be a deer in the headlights. Figure out the answer to the question.
April 15 -- a day that's become a nagging reminder of the money we make and how much we spend -- is around the corner and boomers in particular might wonder how they can save more money in 2014.
The IRS allows small businesses, even those with as few as one employee (you), to establish retirement plans. This may allow you to reduce last year's taxable income.
Our retirement system doesn't work very well for many young employees in our country; That is unfortunate, because money saved when you are young is more potent than money you put away when you are old.
How does starting at age 62, 66 or 70 impact your retirement income? As you figure out when to start Social Security, here are five key questions to consider.
Moving just a few hours by plane from where you live now can save you tens of thousands of dollars every year, and may mean you can finally afford and/or greatly reduce your health care costs.
Slow retirements of senior executives present some of the same challenges to organizations as typical departures, and certain unique ones. As difficult as the financial buy-out element is, the more complex problems relate to how to fill the slowly expanding void created by a gradual departure.
You are already invested in your employer more than you think. It's also tempting to think that you should invest in what you know, and so hold your employer's stock.
We borrow. We spend. For many of us, we find very little room to save for the future. We stress over finances which can often lead to, or contribute t...