Sometimes stereotypes become so widely accepted that nobody takes a step back to actually examine the sweeping generalizations to see if they hold any truth. This is especially true of millennials.
I've struggled with fulltime retirement. I've read the articles and books; researched employment possibilities; agonized over the gap between what I am qualified to do and what I am willing to do; edited my long (too long!) resume; talked with acquaintances and family members; and followed my own intuitive direction.
Here are some suggestions to help you figure out where you are on the pre-retirement spectrum and some changes you might consider.
Do we just fasten our seatbelts for a bumpy ride, or is there a way to smooth the path ahead? In this interview, Alan Taylor discusses his findings and suggests ways to safeguard the financial system.
January is a great time to outline your financial goals for the year, including taking a look at your retirement savings plan. If you didn't save as much as you wanted to last year or you have yet to start contributing to a retirement account, there are some new rules for 2015 that you'll want to pay attention to.
There are various types of retirement plans out there. If you were to believe the write-ups about the individual plans, they all seem like the perfect solution for you.
David Harrison is turning coupons into causes. He and his wife Cindy have started Boomerang Giving, a non-profit dedicated to supporting our generation in giving back to causes we believe in, using a traditional (and perhaps cliche-ridden) to do it: the senior discount.
In thinking deeper about this subject, I figured it was time to analyze whether or not I was genuinely organized and, if not, how could I get to the right level of orderly arrangement in my life. Where do we start?
Real change needs more. Systemic change needs forces beyond individuals, individual programs, beyond even enlightened leaders. It needs the ground to shift. It needs larger planets to align.
Voni and Paul call Big Bend, Texas, their home for eight months out of the year, then hit the road from mid-May until mid-September touring on their motorcycles.
What if maxing out your retirement accounts and waiting 30 years for the market to do its magic was actually a myth? And that the "mountain of cash" you plan to retire on won't be nearly as large as their charts showed?
Did Wall Street win on Election Day? The U.S. Department of Labor's watchdog agency charged with protecting pension and retirement savings is on the verge of issuing new worker and retiree protections.
Couples planning to blend families often have to make financial arrangements that respect previous relationships with ex-spouses and their families. Issues range from childcare and eldercare to potentially complex matters. That's why involving trained experts in stepfamily financial planning is a must.
It's called the "retirement saver's tax credit," and it's a frequently overlooked credit that's available to low and moderate-income individuals and families who make saving for retirement a priority. Here's how it works.
To help you kick off 2015 on the right foot, we've come up with five small, practical changes that can make a big difference in your financial wellbeing. Give one or all of them a shot over the coming months and watch your nest egg grow.