Personal Finance Advice and Commentary

Wednesday, June 05, 2013 6:00 am
By Judy Martel ·

Though the U.S. still houses most of the wealthy, other regions are gaining fast.

Wednesday, March 20, 2013 6:00 am
By Judy Martel ·

It’s easier than you think to retire rich.

Monday, October 08, 2012 6:00 am
By Judy Martel ·

Where would you draw the line on income when it comes to receiving unemployment benefits?

Sunday, June 10, 2012 4:37 pm
By Judy Martel ·

The U.S. lost 129,000 millionaire households in 2011, largely as a result of poor performance in the stock market.

Sunday, May 06, 2012 3:52 pm
By Judy Martel ·

It would be natural to expect someone who earns a high salary to be socking more money away than a lower-earning employee.

Friday, February 10, 2012 6:00 pm
By Barbara Whelehan ·

A new poll by the Pew Research Center reveals that the age at which children should be financially independent, according to parents, has crept up over the past decade. In 1993, 80 percent of parents said children should be independent by age 22. But in the new poll, only 67 percent of parents agreed with that

Tuesday, January 24, 2012 6:31 pm
By Judy Martel ·

Do you need to have money to make money? Not necessarily. With dedication, consistency and time, it’s possible to start from scratch and end up at least in the top 10 percent of wealthiest Americans by the time you retire. According to researcher Spectrem Group, the number of U.S. households worth $1 million or more

Tuesday, November 15, 2011 4:51 pm
By Judy Martel ·

Being a millionaire ain’t what it used to be. Nearly 800 wealthy individuals worldwide surveyed by Barclays Wealth say it takes a minimum of $10 million in liquid assets to define a person as wealthy. The fact that the definition specifies liquid wealth is important. As many of the superwealthy discovered during the recession, wealth

Sunday, October 02, 2011 11:28 am
By Judy Martel ·

Just the number itself represents a milestone: seven figures that mark you as a millionaire. The U.S. has 10 million of them and the number is increasing, yet fewer people today believe they can attain that financial goal. A poll by Associated Press and CNBC finds that although 22 percent of respondents believe they need

Wednesday, May 11, 2011 12:59 pm
By Judy Martel ·

The total wealth of the world’s millionaires will more than double by 2020, with the U.S. holding the lead, according to a study by the Deloitte Center for Financial Services and Oxford Economics. Worldwide wealth will balloon from $92 trillion worldwide this year to $202 trillion in 2020, an increase of 119 percent. Of the

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