In her piercing new book Unbound: How Inequality Constricts Our Economy and What We Can Do About It, economist Heather Boushey writes: “The trend toward greater economic inequality continues its seemingly inexorable march.” Four recent studies — includ… Continue reading
Every fall, I attend the Finovate conference in New York City, where dozens of fintech entrepreneurs from around the world present apps and services they’re rolling out for consumers and financial institutions. In recent years, I’ve been disappointed b… Continue reading
Ronald Long, the St. Louis-based director of Wells Fargo’s Elder Clients Initiatives team since 2014, created what’s become a key brokerage industry tool to protect older investors from elder financial elder abuse. Long and his team originated the “In … Continue reading
We take the process of selecting our annual Influencers in Aging very seriously because we know our list is an important one. Our goal is to name a dozen groundbreakers who, in the past year, have helped transform attitudes about aging, presented innov… Continue reading
A recent Wall Street Journal Page-One investigation of financial advisers found that more than 6,300 of the 72,000 financial advisers on the Certified Financial Planner Board of Standards’ website to help investors find Certified Financial Planners (CF… Continue reading
If you look only at the nation’s low, 3.7% unemployment rate, it would be easy to assume that the economy’s humming and that Americans are feeling great about their finances. But after reviewing five recent notable surveys, I believe many people are ac… Continue reading
You may have a 401(k) retirement plan at work and if you are married or have a partner, your one-and-only may have one, too. But have the two of you sat down to review the plans together and see if the combined investments make sense as a whole? Chance… Continue reading
You probably think that many Americans fear running out of money in retirement due to a lack of savings. While that’s undoubtedly true, there’s another reason for this worry: Many don’t know how to determine how much of their retirement funds they can … Continue reading
A ten-year old boy spending coins given to him by his grandparents at the candy store. A 55-year-old paying off the last of her credit card debt. A mom and dad pinching pennies to surprise their teen with a car. Those are examples of what Ken Honda, au… Continue reading
(This article is an updated version of a 2018 Next Avenue story.) Here are two safe forecasts, the kind you can count on. First, the U.S. economy will sink into a recession. Second, no one knows when the recession will arrive. Taken altogether, these t… Continue reading