Personal Finance Advice and Commentary

Wednesday, November 28, 2012 1:59 pm
By Sheyna Steiner · Bankrate.com

The most salient issues worrying investors now are the fiscal cliff and Greece. Which should they be more concerned about?

Tuesday, June 05, 2012 1:04 pm
By Jennie L. Phipps · Bankrate.com

The 68-year-old CEO of insurer AIG, Robert Benmosche, says people are living too long to retire when they are in their 50s and 60s.

Monday, February 13, 2012 10:11 am
By Jennie L. Phipps · Bankrate.com

As we watch Greece implode over reforms that call for shrinking pensions and a reduction in the minimum wage, I noticed this particularly frightening, close-to-home statistic, published by the Center for Retirement Research at Boston College: “According to the U.S. Bureau of Labor Statistics, nearly one-third of men between the ages of 55 and 61

Friday, November 04, 2011 10:08 am
By Polyana da Costa · Bankrate.com

Bad news: The Labor Department says the economy added only 80,000 jobs in October. That’s short of the 95,000 jobs that economists had expected. Good news: The unemployment rate dipped to 9 percent after it had been stuck at 9.1 percent since April. And the August and September job figures were revised to show 102,000

Wednesday, October 12, 2011 4:53 pm
By Patrick Van Horn · Bankrate.com

In what is becoming almost a common occurrence, the European Union, or EU – led by France and Germany – held an emergency meeting this weekend to address the weak financial situation of the European banks. Markets are responding positively, with European and U.S. stock markets up more than 2 percent Monday. But is this an overly optimistic reaction

Friday, September 23, 2011 2:53 pm
By Sheyna Steiner · Bankrate.com

Though the second Greek bailout program engineered by the European Union and the International Monetary Fund is ongoing, an increasing number of reports point to the possible eventuality of a default. Today, Friday, Germany’s finance minister said the second bailout package may need to be re-evaluated as debt inspectors found that the country is behind

Friday, May 07, 2010 2:49 pm
By Judy Martel · Bankrate.com

Just when we thought we’d seen enough of an upward trend to breathe easier, a freefall in the stock market leaves us gasping. The big question: What do we do now?