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Emotional Factors Play a Key Role in Planning for Retirement
In a recent PNC Perspective of Retirement Survey, emotional factors play a key role in planning for life goals. Among those planning for retirement, 77 percent listed living comfortably as a top goal, while 70 percent answered travel and 56…
Military Retirees, VA Disability Recipients are getting Raises
Military. Com is reporting that military retirees and those who receive disability checks and some other types of pay from the Department of Veterans Affairs will receive a two percent pay raise in 2018. Read article here… Notice: The link provided…
Improving Employee Productivity Through Financial Literacy Programs
Personal Finance Employee Education Foundation reports one in four workers suffer from serious financial distress as a result of personal finances. Also the Center for Financial Services Innovation found that financial anxieties can also lead to absenteeism, health care claims,…
Most of Older Women’s Work is Unpaid
According to a report from the Retirement Equity Lab at The New School, it’s not just wage gap, or low paying jobs, that keep women from saving enough to retire comfortably, but housework hurts too. Read article here… Notice: The link…
Projected Long-Term Savings Gap by 2050 will be $137 Trillion
At the end of 2015, the estimated long-term savings gap in the United States was at $27.8 trillion with the projected growth of the gap to reach $137 trillion by 2050. Why? Longer life spans, widespread lack of financial knowledge,…
Millennials Very or Extremely Confident making Investment Decisions on their Own
In a recent Charles Schwab survey found, 64 percent of millennials polled said that they were “very or extremely confident” in making investment decisions on their own; however, older participants were not confident in making those decisions. Read article here……
Social Security Numbers Have Got to Go
In light of the Equifax hack, the Senate Commerce Committee questioned industry privacy officers on how to protect consumers against major data breaches and the consensus was that Social Security numbers have got to go. Over 145 million Americans’ identities…
Preparing for a Happy, Engaged and Fulfilled Retirement
An average of 10,000 people retire every day but are they prepared? Most people want more than just financial security in their retirement years; they also want to be happy, engaged and fulfilled. The attached article gives a few tips…
Could Monetary Tightening by the Federal Reserve Help Social Security Program?
Why is Social Security so important? According to the Social Security Administration, each month nearly 62 million people receive a benefit check from Social Security. Around 171 million workers are on track to receive some retirement income. Additional, around 90 percent…
Other Factors are Important when choosing a Retirement Destination
According to Bankrate’s recently published results of its “Best and Worst Cities for Retirement” report 2017, the top five cities to retire did not include any of the tax-friendly states and all but one of the top five metropolitan areas…