pig in water

Nervous about your retirement planning? You’re not alone. Americans’ retirement planning is in a crisis. The crux of the problem is simple: Most people are not saving enough. Barely half, 50.5%, of U.S. households own retirement savings accounts, according to the Federal Reserve’s latest data. And that’s down from 52.1% in 2016. People fear they…

Read More
couple at computer

Have retirement money set aside but don’t know where? Try these strategies Between job changes, growing families, maybe even cross-country moves, losing access or forgetting about a retirement account is completely plausible. Retirement Tip of the Week: If you think you have money floating around in a 401(k) or pension somewhere, try and find it…

Read More
pension

The Philadelphia Fed finds historic price surges. The Federal Reserve is still printing money and holding short-term interest rates near zero, and today brings yet another signal that too little money is not the problem in the U.S. economy. This new report suggesting that the time for emergency monetary policy is over comes from within…

Read More
looking out the window

Record number of US adults hold 1 financial regret since onset of COVID-19 More than three-quarters of Americans say they had one financial regret since the beginning of the COVID-19 pandemic, according to new data. Eighty-one percent of Americans admitted they had a financial regret, according to a survey by personal finance website Bankrate.com. And…

Read More
retirement planning

Not even experts agree about the ‘right’ withdrawal rate, long-term-care insurance, and annuities. When it comes to retirement planning, there are a few items that you can safely put in the “settled business” pile. In this era of ultra-low yields, for example, it’s a given that most retirees will need to have ample equity exposure…

Read More
avoid running out of money in retirement

The pandemic has put a dent in many people’s financial lives, affecting their ability to save and stash away cash for retirement. Add the fact that more Americans are living longer, and the prospect of financial security in retirement for many is falling short. But if you’re concerned about running out of money in retirement,…

Read More