Republicans are routinely more pessimistic than Democrats when it comes to feelings on finances.
A financial wish list will help you achieve something greater than simply a bigger bottom line.
A new survey shows that more Americans are feeling confident about their personal finance situations. How do you feel?
A new survey shows that young professionals are struggling at earning and saving enough money.
What’s one of the worst things you can do to foil your retirement plans? Answer: Take an early withdrawal from your retirement account. Despite the supposed fact that we’re in an economic recovery, a surprising number of people did just that, according to Bankrate’s Financial Security Index, released on Monday. In fact, 19 percent, or
If your employer offers you a cash balance retirement savings plan, snap it up. It can provide valuable retirement planning stability as well as portability. Cash balance retirement plans are a hybrid mix of old-fashioned pension plans and 401(k)s. Kevin Wagner, senior retirement specialist in the Atlanta office of consultancy Towers Watson, says most companies
“The Moment of Truth” has rattled a lot of special interests. That’s the name of the final report issued Wednesday by the Debt Commission. Eleven of the 18-member National Commission on Fiscal Responsibility and Reform cast their votes in support of the plan this morning, short of the 14 votes needed to issue a formal
Early last week, it was impossible not to notice the outrage. The accusations were heated. And yet, the predominant national mood seemed one of frustrated resignation — that things weren’t going to change that much, anyway. We’re referring to the reaction to the Fed’s QE2 program to pump money into banks. There was also apparently
Long-term care insurance could be an unnecessary part of your retirement planning if you can afford to maintain two households, says David Keator, a principal in the Keater Group of Massachusetts-based financial planners. But it takes a lot of retirement savings. Keator calculates it this way: He estimates the cost of nursing-home care to be
Sports Illustrated reported last year that the toughest challenge of their careers for many pro athletes is retirement planning: By the time they have been retired for two years, 78 percent of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce. Within five years of retirement, an estimated