Tag Archives: planning
16-YEAR-OLD MADE $43,000 ON THESE STOCKS IN 3 YEARS
Sudarshan Sridharan may not have been old enough to drive a Tesla, but that didn’t stop him from profiting on the stock. Unlike most 16-year-olds, Sridharan manages about a quarter of a million dollars of his parents’ retirement money. It
THE HIDDEN COST FOR STAY-AT-HOME AMERICAN PARENTS
Beyond lost wages, moms or dads who don’t return to work forfeit growth in those wages and in retirement and other benefits. The decision around whether to go back to work after having a baby — and pay for childcare
AMERICA’S UPPER MIDDLE CLASS IS THRIVING
The middle class may be feeling squeezed, but the upper middle class is enjoying good times. The upper middle class grew to 29.4% of the population in 2014, up from 12.9% in 1979, according to a new Urban Institute report.
4 WAYS TO TELL IF YOU’RE FINANCIALLY READY FOR RETIREMENT
A recent study put together by Go Banking Rates says Americans are not in a good place when it comes to saving for retirement. Patrick Jones (@Patrick_E_Jones) explains. Buzz60 Do you have enough money to retire? That’s not an easy
STABILITY AND LIQUIDITY: MONEY MARKET MUTUAL FUNDS
During the late 1990s, money market mutual funds offered an annual return of around 5% (see graph). This made them attractive to investors, including retirees and pre-retirees who wanted to preserve principal while earning a modest return. After an uptick
MISTAKES PEOPLE MAKE AT DIFFERENT AGES
Financial challenges are not limited to a specific age, but people tend to face certain challenges during particular stages of their lives. Regardless of your age, you might recognize some of these financial issues. IN YOUR 20’S. Living beyond your
NEW QLAC CHANGES PROMOTE GUARANTEED INCOME LATER IN LIFE
With the goal of promoting guaranteed income later in life, recent regulatory changes provide increased flexibility as to how qualified assets may be distributed. This is a significant advantage for millions of Americans who are planning for, or already in,
RETIREMENT PLANNING FOR THE 51%: 3 RIIA SPEAKERS WEIGH IN
What are the typical financial and nonfinancial needs of women preparing for retirement? How might those needs change over time and impact the retirement plan? Which specialists should insurance and financial service professionals be partnering with to best serve women
HOW MUCH SHOULD A YOUNG WORKER SAVE FOR RETIREMENT?
Starting young is smart, but how much should you really save for retirement? CNN Money helps find an answer. I’m a 22-year-old college grad who has recently started his first full-time job. How much should I be thinking about retirement