Young Americans Have Used 33% Of Their Total Savings During COVID-19

Young Americans Have Used 33% Of Their Total Savings During COVID-19

The coronavirus shutdowns have had a dramatic impact on the broader economy (if not the stock market, which is almost back to all time highs) and few have been hit as hard... Read more »
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Americans Regret Lack of Emergency Savings During Pandemic

Americans Regret Lack of Emergency Savings During Pandemic

A new survey finds that Americans regret their lack of emergency funds to withstand the economic crisis caused by the pandemic.  The Bank Rate survey found that 23 percent of Americans rate... Read more »
Quarter Of Americans Have No Emergency Savings In Age Of Coronavirus

Quarter Of Americans Have No Emergency Savings In Age Of Coronavirus

The U.S. economy is currently facing its toughest challenge since the Great Depression, and millions of Americans suddenly find themselves out of work. Financial experts have long advised people to build a savings... Read more »
Iowa Man Used His Life Savings to Send 33 Strangers to College

Iowa Man Used His Life Savings to Send 33 Strangers to College

An Iowa man, Dale Schroeder, used his life savings to send 33 students to college. Dale Schroeder was a simple, humble man from Iowa, who ended up changing the lives of 33... Read more »
Adult Children Are Costing Many Parents Their Retirement Savings

Adult Children Are Costing Many Parents Their Retirement Savings

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 »
1 in 5 Americans Have More Credit-Card Debt Than Savings

1 in 5 Americans Have More Credit-Card Debt Than Savings

Some Americans’ finances are on very thin ice. One in five Americans say they have more credit-card debt than they do in emergency savings, according to a report published Thursday from the... Read more »
The myRA Retirement Savings Program To Be Phased Out

The myRA Retirement Savings Program To Be Phased Out

The U.S. Department of the Treasury has decided to phase out the myRA retirement savings program and the program is no longer accepting new enrollments. However, existing accounts remain open and accessible... Read more »
The Median American Household of Retirement Age Has $12,000 in Savings

The Median American Household of Retirement Age Has $12,000 in Savings

Do Americans have a saving problem for retirement? Many Americans do not have enough savings ever to be able to retire comfortably. The median family of retirement age has $12,000 in savings.... Read more »
4 Quick Ways to Jump-Start Your Retirement Savings

4 Quick Ways to Jump-Start Your Retirement Savings

“Afraid you might be behind on saving for retirement? There's one simple way to get ahead of pretty much everyone else.” said Katie Lobosco at CNN Money. Here are four things to... Read more »
How Shortsightedness Costs Americans $1.7 Trillion in Retirement Savings

How Shortsightedness Costs Americans $1.7 Trillion in Retirement Savings

Most American workers are falling short when it comes to saving for retirement. As research has shown,  savings trends are getting worse. This shortsightedness costs Americans $1.7 trillion in retirement savings. Ben... Read more »
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