While retiring ahead of schedule may be easier on the body, a new set of research has found that it may not be so beneficial for the mind. The study, conducted at... Read more »
These Retirees Couldn’t Afford America — Now They Live Their Dream Life on $2,000 a Month in Ecuador
At 72, Jacqueline Mackenzie has lived in nearly every state in the U.S. But it’s in Vilcabamba — an Andean foothills town in southern Ecuador — where the retired teacher plans to spend... Read more »
Almost 40% of Americans lack confidence they will ever save enough money to retire. That number climbs even higher among older Americans, age 54 or more. Bloomberg reports: That’s despite nearly one... Read more »
Financial independence, once a hallmark of adulthood, has gone by the wayside as adult children increasingly depend on their parents to help them cover the cost of rent, student loans, health insurance... Read more »
Millions of Americans are in danger of entering their final decades unable to afford ballooning medical bills and cost-of-living expenses. NBCNews reports: Today's aging workforce faces an uncertain future. The announcement this... Read more »
The IRS has increased the contribution limits for various retirement accounts for 2019. The Internal Revenue Service said Thursday that the contribution limit for employees who participate in 401(k), 403(b), most 457... Read more »
Nearly half of middle-class Americans face a slide into poverty as they enter their retirement, a recent study by the Schwartz Center for Economic Policy Analysis at the New School has concluded.... Read more »
The vast majority of Americans, 78 percent, say they're “extremely” or “somewhat” concerned about not having enough money for retirement, according to Northwestern Mutual's 2018 Planning & Progress Study. CNBC reports: A... Read more »
It’s not just America. New data show people all over the globe don’t understand basic concepts of investment and inflation. Suzanne Woolley writes on Bloomberg: Most online quizzes are relatively mindless, promising... Read more »
Despite a low unemployment rate and stronger economy, 20 percent of Americans don't save any of their income at all and even those who do save aren't putting away enough for retirement.... Read more »
