An estimated 21% of Americans have no retirement savings at all, according to a 2018 study by Northwestern Mutual. But while it's one thing to be in your 20s, 30s, 40s, or even 50s without savings, it's another thing to reach your 60s without so much as a dollar...
When the replica Howdy Doody puppet was sold each Christmas, the owner of the toy store I ran would always shoot me an "I told you so" look. After it got returned not long after Christmas, I would send the same look back his way.
That same Howdy Doody puppet...
Millennials have become the generation that older age groups mock. It's a generation stereotyped as not being willing to work happy, happy to waste money on avocado toast, and used to getting at least a ribbon -- if not a trophy -- just for showing up.
Those traits generally don't...
With the end of the year fast approaching, now is a good time to review any last-minute financial planning to-dos. Here are six financial planning moves that, if appropriate for your circumstances, you will need to implement before year-end.
1. Charitable contributions
There are many ways to give to charity, with...
Sooner or later, retirement starts whispering your name.
Even if it's a mix of work and leisure, most of us expect a little loosening up on the pressures of working. And starting in your 40s and 50s, it's natural to start planning and wondering what retirement will look like.
Not everyone...
A lot of things go unsaid among couples, but here’s one thing that shouldn’t: retirement age.
Couples often assume they will retire together. Yet the majority of couples don’t, according to a recent paper co-written by RAND’s Katherine Carman.
Moreover, the couples more likely to retire together were those with a...
Most Americans don't bother creating a budget, and those who do often find themselves exceeding it despite their best efforts to control spending. If you're part of the latter category, knowing what your triggers are and how to avoid them can help you spend less and save more. Here...
Earlier this year, seniors got some good news on the Social Security front: Recipients will be getting a 2.8% cost-of-living adjustment (COLA) for 2019, bringing the average monthly benefit up from $1,422 to $1,461. For anyone living on a fixed income, an additional $39 a month, or $468 a...
Giving a gift card is often seen as a cop out — but maybe that’s because so many gift cards go to waste.
Gift cards are the second most popular holiday gift, with around 56% of purchasing one this time of year, according to data from the National Retail Federation,...
Retirement is a milestone many Americans look forward to, but the more prepared you are going into it, the more fulfilling it's likely to be. No matter when you're planning to retire, these tips will help you make the most of your golden years.
1. Go in with as much...
