The Mint Edition
As the American population ages into retirement, younger generations may be the ones responsible for picking up the pieces. There’s only one problem: the younger generation is in no position to do so.
A recent study by the Urban Institute, published on March 15, 2013, found Americans from young adulthood up to about age 40 have accrued less wealth than their parents at the same age even as the average wealth has doubled over the last quarter-century.
Tips on trying to meet two great financial goals at once.
Saving for retirement is a must. Saving for college is certainly a priority. How do you do both at once?
Saving for retirement should always come first. After all, retirees cannot apply for financial aid; college students can. That said, there are ways to try and accomplish both objectives within the big picture of your financial strategy.
Help make things easier for your loved ones when you leave this world.
Who wants to leave this world with their financial affairs in good order? We all do, right? None of us wants to leave a collection of financial mysteries for our spouse or our children to solve.
What we want and what we do can differ, however. Many heirs spend days, weeks, or months searching for a decedent’s financial and legal documents. They may even discover a savings bond, a certificate of deposit, or a life insurance policy years after their loved one passes.
Before the big barbecue, take time this Memorial Day weekend to honor the men and women who gave their lives fighting for our country. If you’re looking for a way to remember those brave Americans, here are a few suggestions:1
A well-designed plan is necessary for successful investing, but you must also have the discipline to stay on course, rebalance, and tax-manage, as needed. Unfortunately, most investors do not have a written plan. And, emotions such as greed and envy in bull markets, and fear and panic in bear markets, can cause investors to discard even well-designed plans.
Many of us aren’t addressing the realities of retirement planning. Here are some of the worst mistakes being made today.
Peace of Mind Investing is built on a single premise that’s been time-tested.
If you want to retire with confidence, have a plan.
The Uncovered Costs of Increased Longevity
The need for long-term care is likely to increase significantly in the coming decades.
Resolutions You Can Keep
New Year’s resolutions are promises we make to ourselves.