Retirement

Sound money management is important for people of all ages and stages in life. Spending, saving, and investing wisely not only helps maintain a relatively high standard of living, but also makes it easier to achieve future financial goals. This principle is even more critical for seniors who live on a fixed income, are retired,

So you’ve finally retired — congratulations! While it’s tempting to relax and let go of responsibilities after retirement, the last thing you want to do is drop the reins when it comes to your finances. Even if you’ve managed to accumulate a large amount of money on which to live, it is still extremely important

One of the biggest failings of the American school system is its lack of commitment to financial education. A vast majority of students graduate from high school without knowing how to manage money, create a household budget, calculate simple interest, or otherwise demonstrate financial literacy. Nor do they learn about the importance of saving for

How much retirement income do Americans expect to receive from Social Security? According to a survey by Bankrate.com, for many Americans the answer is not very much, if anything. The survey found that only 13% of Americans expect it to account for all or most of their retirement income, 14% expect it to account for half, and

The Principal Financial Group released research finding that retirement account savings are rebounding. Since the recession began five years ago, retirement savings have nearly doubled, rising by 93%. Individuals have been participating in retirement plans in larger numbers and putting more money into them since the market collapse in 2009, in correlation with the rising stock

Americans are failing a basic financial test at surprising rates. A recent ABC News story reveals several reasons Americans are not financially secure. Atif Mian of Princeton University and Amir Sufi of the University of Chicago Booth School of Business asked a sample of 25,000 people a simple question and the results were shocking. We