Many millennials are having a tough time financially launching their adult lives and careers, what with the high cost of rent, student loans and health care, plus unreliable gig-economy income. So it’s no surprise that many of their boomer and Gen X pa… Continue reading
What’s new in personal finance apps and tech-based services for boomers and Gen Xers? Sadly, based on my day attending Finovate Fall 2018 (a New York City conference that “showcases the best new innovations and insights in financial and banking technol… Continue reading
Personal finance writer Jonathan Clements says you can build a happier, more prosperous financial life just by spending five or 10 minutes a day for 77 days — less than three months. Dubious? I confess I was until I read his new book on how to do it, F… Continue reading
Saving for retirement can feel overwhelming and even stressful at times for boomers and Gen Xers. Of Americans age 45 to 65, nearly half (49 percent) feel behind on retirement savings and are worried they’re already too far behind to reach their saving… Continue reading
As CEO and president of the nonprofit Transamerica Institute and its Center for Retirement Studies as well as executive director of the Aegon Center for Longevity and Retirement, Catherine Collinson is one of the sharpest retirement researchers in the … Continue reading
President Trump last week issued an executive order aimed at increasing retirement security for Americans, telling an audience in North Carolina that “we believe all Americans should be able to retire with the confidence, dignity and economic security … Continue reading
Are you looking for investors for your startup or business plan? Well, if you believe in your business idea, why not make an investment yourself? You can raise money to fund your startup using a self-directed Individual Retirement Account (IRA). This i… Continue reading
(This article originally appeared on NerdWallet.com.) In the hurried days of a big move to a new job, there’s one valuable item workers are neglecting to pack: the money their former employer invested for them in a 401(k). There’s a lot of lost retirem… Continue reading
Roughly half of employed Americans (48 percent) aren’t saving any more for retirement this year than last and 13 percent are saving less, according to a new Bankrate.com survey. What could help Americans — and you, in particular — save more? A noted re… Continue reading
A toxic combination of low entry-level salaries and high student loan debt is forcing many millennials to become more dependent on their parents for financial backing — and for much longer than previous generations. But if your adult child comes asking… Continue reading