Share to facebook Share to twitter Share to linkedin Retirement Savings Concept : Senior woman hands holding jar full of money – vignette Getty Just under one-third of working Americans (29%) have increased their retirement savings contributions compared to last year, according to a new study by Bankrate.com. While almost half (46%) say they are
Retirement
‘Whatever you do, don’t try to sell us an annuity.’ When 60-something couples visit a financial adviser’s office for help with retirement planning, these are often the first words they say after sitting down. Most of what they’ve read about annuities has been eye-glazing or frightening. But don’t write off annuities yet. Owning annuities can
The PGIM High Yield Bond Fund (ISD) trades at a huge discount that’s going to disappear soon. Before I explain why, let me tell you something else about this fund: it boasts a huge 8.4% dividend yield. In other words, you’d get $700 per month—or $8,400 a year—in income on every $100,000 invested. And you
Helping baby boomers retire is where the money is. Getty Today’s Gold Mine: Baby Boomers For financial services firms, especially fintechs, baby boomers should be seen as the pot of gold at the end of the rainbow. They control 50% of the nation’s wealth, outspend younger generations, and are more likely to spend their
For those in what we call “midlife”, somewhere between 45 and 65 years of age, there is a hidden crisis many face. It’s not suddenly wanting to re-make your life nor taking an abrupt turn in your relationship with your significant other. Rather, it’s the pressure of feeling obligated to take care of both aging
WASHINGTON, DC, 2019/07/31: Seema Verma, Administrator, Centers for Medicare & Medicaid Services, U.S. Department of Health and Human Services speaks during the Heritage Foundation’s event. (photo by Michael Brochstein/SOPA Images/LightRocket via SOPA Images/LightRocket via Getty Images President Trump’s Medicare chief, Seema Verma, may have signaled the beginning of the end of Medicare’s three-day rule—the requirement
The sustainable clothing company Prana wants to pay you $100,000 to quit your day job and pursue your dreams. Getty According to recent reports, millennials are ditching the 9-5 in droves in favor of more flexible careers that allow them to work remotely and travel at the same time. The concept has inspired countless “Best Job on
Real estate investment trusts (REITs) are great potential fits for any modern retirement portfolio. With interest rates ticking down from 2% to 1% and, perhaps, eventually 0%, these generous dividend payers are benefitting big time. REIT stocks tend to yield twice as much as regular ol’ stocks. They collect rent and pay it directly to
Source:stock.adobe.com Here is what matters if you’ve made it and want to keep it. Do the financial markets have your attention? I assume so. After all, Wednesday’s 800-point drop in the Dow was the worst day in the U.S. stock market this year. And while many investors missed it, the December 2018 plunge in stock
Asking parents for money for college can be awkward. Doing a little math can make it much easier. Getty Dear Kids, We are very proud of you for getting into college! You’ve done a great job applying for financial aid and saving your earnings from your summer job. Now, it’s the time to have “the