David Lerner Associates : Age Based Info

David Lerner Associates : Age Based Info

Millennials and Debt
The average Class of 2016 graduate has over $37,000 in student loan debt - up 6% from last year.

Financial Literacy for Young Adults
National Financial Literacy Month is recognized in the United States in April as an effort to highlight the importance of financial literacy and teach Americans how to establish and maintain healthy financial habits.

Financial Literacy and Millennials
While Millennials are a generation that is exceptional in many ways - better educated than their predecessors, more ethnically diverse, and more economically active - according to studies they struggle with personal finance.

How Millennials Will Change the Face of Finance
Millennials are poised to transform nearly every facet of the American and global economy, and the finance industry is about to experience tremendous change as it works to address the needs and preferences of this different customer.

Tips to Retire Wealthy
A lot of us sit back and wish for the day that we can retire a millionaire and yet so few of us have a strategic plan to do so. In fact as many as half of all households with Americans 55 and older have no retirement savings at all.

How to Make the Most of Your Retirement Planning
Retirement is something that we should be thinking about. Whether you work in the corporate world or are a self-employed entrepreneur or a freelancer, it doesn't matter. We all want to know that our latter years will be taken care of financially.

Retirement Tip for Entrepreneurs
Entrepreneurs and small business owners often think that their only retirement plan involves an IRA. The 401(k) was historically only used by large companies and their employees, however, it has evolved into a flexible savings vehicle for people outside of corporate America.

What Most People Don't Understand About 401(k) Plans
A 401(k) plan is something that not everyone has. In fact, an incredible 68% of Americans are not saving in an employer-sponsored retirement plan.

Overcoming Fear of Retirement
There are many unknown factors when it comes to saving for your retirement. In some ways, it can be a guessing game.

Retirement Advice for Millennials
The generation known as Millennials is coming toward an age group where retirement should be on their minds because this is the perfect time to start preparing a retirement strategy.

Understanding Long Term Care Insurance
The majority of Americans who live past the age of 65 will require some sort of help caring for themselves. In fact, nearly 70% of Americans 65 and older need long term care at some point.

Retirement and Life Expectancy
Life expectancy is something to take into account when planning your retirement.

Avoid These Retirement Planning Mistakes
Retirement looks different for everyone. Whether you want to finally climb that mountain you've been thinking about for years or spend the rest of your days in the warm tropical climes of a faraway beach paradise, someone is going to have to pay for it.

Smart Retirement Strategies for Boomers
If you are one of the 76 million Baby Boomers with retirement just around the corner, it would be wise to take stock of your situation and make sure that you'll not be in for a horrible surprise come retirement day.

Baby Boomers and Retirement
The average pre-retirement Baby Boomer does not have enough savings for their retirement years and one third of Americans have no retirement savings at all.

Millennials and Financial Security
The oldest of the Millennial generation are now reaching age 35. If ever there were a time to take a look at your financial landscape and assess one's future, now would be that time.

Being a Financial Grown-Up
Financially speaking, it's time to face up to the idea that some "adulting" is required on the part of Millennials in their financial behavior.

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.

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.

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.

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.

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 Costs and Savings for Boomers
Retirement should be time of relaxation and reflection, not panic. For many people, the realities of what it takes to retire have snuck up on them.

Millennials and Retirement
It seems that Millennials have been getting a bad reputation and they don’t deserve it. The common view of the next generation of young adults is that they are attached to their phones or mobile devices and have no idea about the real value of money. Many articles mention that Millennials are not saving for the future and, in fact, could be facing a bleak financial future.

Millennials Most Common Money Mistakes
Although young Americans who graduated this year are better off than their older siblings, they're still feeling some effects of the Great Recession. One thing they are doing right is starting to save earlier than previous generations, but their biggest money mistakes are not saving enough and holding what they do save in cash.

FINRA Study on Emotions & Financial Fraud
This week is National Fraud Awareness Week, and according to the Investor Protection Trust, almost one in five Americans over the age of 65, or nearly seven million seniors, have been taken advantage of financially. A recent study from Stanford University, FINRA, and AARP revealed that inducing strong emotions has an effect on older adults' financial decisions.

Elderly Financial Abuse
American seniors have historically been late adopters when it comes to technology. According to a Pew Research Center almost 90% of seniors with a college degree use the internet. With more and more mature Americans getting involved in the online community, the amount of scams targeting elders is ever on the rise.

Millennials Can Create a Lifelong Wealth Plan
For a highly educated generation, Millennials show a surprising ineptitude in certain areas of money management. And a generation that lacks secure pensions will certainly need to prepare for their twilight years.

Generation X and Their Retirement
People in Generation X (those in their 30s and 40s) have solid reasons to be stressed out about their financial futures. Many are saddled with debt, have not saved as much as they should have for retirement, and perhaps were underemployed during recent economic downturns.

Financial Literacy Lessons for Your Kids
Financial Literacy Month (also known as National Financial Capability Month) is an annual event taking place in April, centered on improving Americans' understanding of financial principles and practices. Here are some basic financial lessons that can be taught to our children that will be of great use to them as they grow.

David Lerner Associates: National Entrepreneurship Week: Millennials vs Boomers
As America focuses attention on entrepreneurs this week, one of the troubling statistics is the slow decline of startups. Census data and other studies show that the number of companies less than a year old had declined as a share of all businesses by nearly 44 percent since 1978. As every entrepreneur knows, starting a new business can be very challenging. It requires talent, skill, and resources.

David Lerner Associates: Housing Options for Older Individuals
As we grow older many of our needs (and wants) change. Children grow up and move away. Raking leaves from the lawn of the large house purchased 30 years ago to provide space and recreation for a family is probably no longer top of the list of things to do..

David Lerner Associates: Fraud Tips for Older Americans
David Lerner Associates: Fraud Hits Older Americans Hard. Now that the majority of seniors are active online, scammers are targeting them. Here are some tips to avoid falling victim to their scams.

Four Retirement Planning Tips for Millennials
David Lerner News: Many Millennials are graduating college with crushing student loan debt and poor prospects for finding a well-paying job. The picture is even worse when it comes to some Millennials' future retirement prospects

David Lerner Associates News: 5 Financial Goals Before You Reach 40
The 40s are generally considered to be the beginning of middle age. It's a critical stage for setting yourself up financially for the second half of your life

In Your 50s: Making a Final Retirement Savings Push
As they have started to become more health conscious, eating better and exercising more, many 50-somethings are feeling a lot better than they thought they would at this age. This has prompted the mantra among many that "50 is the new 40."

David Lerner Associates: Financial Resolutions in Your 80s
New Year's financial resolutions that may be appropriate for individuals in their 80s.

David Lerner Associates: Financial Resolutions In Your 70s
Evey year we make New Year's resolutions. Here are three suggestions for New Year's financial resolutions for individuals in their 70s.

David Lerner Associates: Financial Resolutions in Your 50s
After a lifetime of diligently saving you're getting closer to the day when you hope to actually enter into and enjoy the retirement.

David Lerner Associates Financial Resolutions In Your 40s
The good news if you're in your 40s is that you may be entering your peak earning years - especially if both you and your spouse are working.

David Lerner Associates: Financial Resolutions in Your 30s
This is the time of year when many people make their New Year's resolutions. Take the time to also make a few financial resolutions

5 Baby Boomer Financial Behaviors and Attitudes to Watch
The financial behavior and attitudes of the baby boom generation is going to have a significant impact on the nation's financial picture in the coming years.

David Lerner Associates: Many U.S. Seniors Facing Severe Income Shortages
A recent analysis of data from the U.S. Census Bureau indicates that seniors in every state except for two are living off of incomes that are lower than the level of retirement income that many financial planners often recommend.

David Lerner Associates: Four Financial Strategies for Young Adults
As they graduate from college and begin their careers, many young people often discover that the “real world” is very different from what they thought it would be based on the glamorous images of the make-believe lives of 20-somethings on some TV shows and in some movies.

Retirement Planning Strategies For Each Stage of Your Life
Retirement planning is not an isolated, one-time event - something that you do once in your life and then just put on cruise control. It should be an ongoing process that changes and evolves as you move through the various stages of your life.

Retirement Planning Strategies For Your 70s
By their late 60s and 70s, most Americans have either left the workforce altogether or scaled back to part-time work. But this doesn't mean that retirement planning ceases to be important in your 70s.

Retirement Planning Strategies For Your 60s
For many people, the 60s are the decade when they are nearing or ready to finally enter the retirement that they may have been planning for most of their lives.

Retirement Planning Strategies For Your 40s
This is the fourth in a series of articles detailing retirement planning strategies for individuals at each stage of their life.

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