The average American thinks they’ll need approximately $1.7 million to retire comfortably, a survey from Charles Schwab found. Considering the median amount baby boomers have saved for retirement is just $152,000, according to a report from the Transamerica Center for Retirement Studies,...
If you’re in the homestretch toward retirement but not confident that your retirement savings are on track for you to live the lifestyle you expect, don’t give up. Two easy, totally realistic steps can dramatically boost your retirement savings. One of our...
Having basic personal financial skills is one of the most important things you can do to live a healthy, happy and secure life. Your level of understanding around the fundamentals of budgeting, saving, debt and investing will impact every part of your...
A recent survey shows plenty of baby boomers and Gen Xers are financially unprepared for retirement.
But so-called millennials, those born between 1981 and 1996, likely will have it much worse. New research shows this generation, which will begin...
Hackers are increasingly targeting the education industry, leaving students’ information vulnerable to identity theft and other types of fraud.
Colleges, training providers and other private educational companies received more malicious emails than any other sector in the first quarter...
Approximately 58 percent of millennials Opens a New Window. have been rejected for at least one financial product Opens a New Window. , a new survey has found.
The reason, according to the Bankrate.com Opens a New Window. report...
Thanks to structural and personal reasons, many workers are falling short of adequately funding their retirement accounts, according to the authors of a new report, titled “Why Are 401(k) Balances Substantially Below Their Potential.”
“A 25-year-old median earner in...
One of the questions I hear most frequently from colleagues is: Why are IRA limits so much lower than those for 401(k) plans? There is actually a good answer, but it never leaves people feeling good about our retirement system.
Most of us have been told that when it comes to debt, it’s best to avoid it altogether You’ve heard it everywhere: Aside from a major purchase, like a home, if you can’t pay cash for something, then you can’t afford it.
The time is still right to refinance your mortgage, especially if you bought your home within the last two years, said Mortgage Bankers Association CEO Robert Broeksmit.
That’s because home loan interest rates are at their lowest point since...
