Lessons Boomers Could Learn From Millennials
There is a tendency of older, wiser folk to dismiss the views of a younger generation. However, Millennials may be able to teach Boomers some valuable lessons about how to manage money.
Overcoming a Retirement Shortfall
Workers in their late 50s or early 60s may have saved a lot of money for retirement, but when they take a closer look at their situation they still fall short of being financially secure.
Financial Planning and You
The fact that October is Financial Planning Month should not escape your attention. Making sure that you have a plan in place is essential if you want to live your life without worrying.
Women and Their Finances
Surveys show that one quarter of the women in the United States are the primary financial decision makers in their households.
Cyber Security Awareness
October is National Cyber Security Awareness Month. With more and more mature Americans getting involved in the online community, the amount of scams targeting elders is ever on the rise.
October is National Learning and Development Month. It's important in both your professional and personal lives to keep learning, broadening, and advancing your skills. Especially when it comes to your financial education.
Long Term Care Planning
October is Long Term Care Planning Month. Nearly 70% of Americans 65 and older need long term care at some point, according to the U.S. Department of Health and Human Services.
3 Tips for Boomers and Life Insurance
Many boomers have a lot to think about especially when it comes to taking care of their loved ones once they pass on.
Boomers and Debt
Debt is not something to take lightly. Patterns in debt and the type of debt that an older generation is finding itself in has changed over the past few years. In fact, it seems that Boomers are more in debt than they were 13 years ago.
Long Term Care Planning
October is Long Term Care Planning Month. This is a topic worthy of our attention and can be a serious issue for those who find themselves in a situation where it is needed.
Social Security and Divorced Women
For divorced women nearing retirement, time is ticking away and financial readiness is an essential factor to consider. The good news is that although Social Security can be a rather complex matter, divorced women are eligible for a benefit that equals one half of their ex spouse's full retirement amount.
Financial Planning Month
National Financial Planning Month is an annual designation observed in October. In light of this, here are some tips to use financial planning basics for your retirement.
How Technology is Changing Life Insurance
September was Life Insurance Awareness month and although one might think that life insurance is something to consider as you grow older, according to LIMRA's Insurance Barometer Study 77% of Millennials say owning life insurance is a good thing.
Finance Tips for New College Grads
Graduating college is a momentous life event that should be celebrated. It marks the end of a chapter, and the beginning of many new ones. It also marks the entry of many young adults into the workforce and new opportunities.
Boomers Saddled with Rising Debt Face a Tough Retirement
The patterns and type of debt amongst older Americans has changed significantly over the past few years. According to the Federal Reserve Bank of New York, the average 65 year old borrower has more debt than 65 year olds had in 2003.
Retirement Planning for Women
As with most things in life, retirement planning is slightly different for women than it is for men given the many challenges they face. To meet these financial challenges, women need to make retirement planning a priority.
3 Debts to Pay Off Before Retirement
Heading into your golden years one is likely to consider your financial landscape and take a look at prioritizing which debts to focus on before you retire.
10 Questions for Your Retirement
The old fashioned idea of working for 40 years, retiring with a good pension, and a comfortable retirement is no longer the norm. For older Americans who are nearing retirement age, there are many factors to consider.
FINRA Study Reveals Millennials Lack in Financial Capabilities
Given the financial challenges millennials face, the ability to make well-informed and effective financial choices is important for them. A FINRA National Study suggests that younger Americans lack the financial knowledge to make well-informed decisions and that they engage in behaviors that are detrimental to their financial health.
Basics of Life Insurance
Death is not the most pleasant of subjects to discuss. But deciding on how much life insurance - and which type of life insurance - to put in place might turn out to be the most important talk of all.