How the Sandwich Generation Can Plan for Retirement Individuals ranging in age from 35 to 44 or older often fall into a category referred to as the sandwich generation because they find themselves taking care of their children and parents...
In an ideal world, you'd start funding a retirement savings plan from an early age and keep making steady contributions throughout your career. Many people miss that initial boat, though, and don't begin setting funds aside for retirement until they're...
You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected — maybe because you spent a lot less while you hunkered down during the...
In an ideal world, you'd start funding a retirement savings plan from an early age and keep making steady contributions throughout your career. Many people miss that initial boat, though, and don't begin setting funds aside for retirement until they're...
You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected — maybe because you spent a lot less while you hunkered down during the...
Americans’ retirement security is unstable, and legislation focused on pensions, Social Security and other savings or healthcare concerns must be a priority for government officials, a group of 31 organizations wrote in a recent public letter to President Biden. Companies,...
Around 35 million American families have already received their first advanced child tax credit payment. Beginning on July 15, the advanced payments began. The checks will continue to be disbursed every month until the end of the year totaling half...
After eight years of legal battling, CalPERS just this July tentatively settled a class-action lawsuit filed by policyholders who argued that CalPERS had announced premium increases of 85% in 2013, and implemented starting in 2015, contrary to policy contracts. The...
Market Update The markets across the board ended positive for the quarter, bringing the year-to-date figures to staggering levels. Many would argue the positive half year figures would make for great one-year returns. So, do we say it’s smooth sailing...
Come 2034, incoming revenues will be enough to pay about 76% of scheduled Social Security benefits, a 2020 Social Security Administration trustees report predicts. Given that, how might different generations plan for this? Should they plan for a 24% decline...
Tumbling mortgage rates just went even lower following news that an unpopular fee on refinances is coming to an end. When the surcharge was first announced last summer, it created an uproar. It was meant to offset pandemic-related losses for...
Looser monetary policy suggests more concern about outlook Consumption is picking up but still below pre-pandemic levels After China’s surprise central bank support last week, key economic data released on Thursday will be studied for signs the world’s second-largest economy...
The vast majority of Americans do not meet commonly held definitions of what it means to be rich in the U.S. Respondents to Schwab's 2021 Modern Wealth Survey said a net worth of $1.9 million qualifies a person as wealthy....
The coronavirus pandemic is breathing new life into the argument for a four-day workweek. As employees report burnout and many are refusing to return to the office post-pandemic, employers are rethinking workplace flexibility. For New York-based crowdfunding platform Kickstarter, one...
Knowing the ins and outs of Social Security retirement benefits rules can help you claim a bigger check. Yet some facts about the program continue to trip up pre-retirees. Here’s where respondents to a recent quiz tended to stumble. Take...
