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8/7/2015 - African Americans Continue to Grow in Affluence (Plan Adviser)

African Americans demonstrate continued optimism when it comes to finances, due to growing affluence, Prudential Financial found in its biannual “African American Financial Experience” report. However, many are not taking advantage of financial and investment tools, which may hinder long-term wealth accumulation. Two increasingly prevalent financial priorities for African Americans are maintaining their lifestyle in… Read more 8/7/2015 - African Americans Continue to Grow in Affluence (Plan Adviser)

8/6/2015 - Political Parties Splinter Over Social Security Reform (Forbes)

Today, the Social Security system is standing on a cliff, awaiting its fate. Its fate is tied to the fate of millions of Americans. Just next year, in 2016, the Social Security Disability Insurance (SSDI) fund is projected to be fully depleted. If nothing occurs between now and then, the Social Security system will jump… Read more 8/6/2015 - Political Parties Splinter Over Social Security Reform (Forbes)

8/5/2015 - Is Student Debt Really Keeping Millennials from Growing Up? (Time)

Young adults with student debt are postponing life events like buying a home or car, getting married, and having babies at higher rates than other age groups did, according to a new survey. Overall, 45% of respondents who ever had student loan debt said they had put off life events because of it. For borrowers… Read more 8/5/2015 - Is Student Debt Really Keeping Millennials from Growing Up? (Time)

8/4/2015 - College Costs Rival Retirement as Savings Goal (Plan Adviser)

One-third of parents are still shouldering student debt, according to the ninth annual College Savings Foundation State of College Savings Survey. Just over half (51%) say that their top strategy for funding their children’s college costs is savings, up from 45% in 2014, and 53% are saving at least some money to put their child… Read more 8/4/2015 - College Costs Rival Retirement as Savings Goal (Plan Adviser)

8/3/2015 - Sorry, mom and dad: Millennials still moving in (USA Today)

Despite continued signs of economic recovery, a growing number of Millennials are moving back in with Mom and Dad. The percentage of Millennials living with their parents increased from 24% in 2010 to 26% in the first third of 2015, according to a Pew Research Center report, which is based on Census data. The study, which was released… Read more 8/3/2015 - Sorry, mom and dad: Millennials still moving in (USA Today)

8/3/2015 - How to Save for Retirement at Your First Job (U.S. News & World Report)

Saving enough to retire comfortably is significantly easier if you begin to put away money for retirement at your first job. Tucking even a small amount into a 401(k) or IRA gives that money decades to accumulate without the drag of taxes, and compound interest will do much of the work of growing your wealth.… Read more 8/3/2015 - How to Save for Retirement at Your First Job (U.S. News & World Report)

8/3/2015 - For Pensions, Higher Fees Don’t Translate Into Higher Return (The Wall Street Journal)

Pension funds aren’t getting a good deal on Wall Street. The states paying the most to outside money managers have produced lower investing profits than those which have paid the least, according to a new report.Cash-strapped pension funds are increasingly questioning the worth of external money managers. As pension costs absorb a bigger part of… Read more 8/3/2015 - For Pensions, Higher Fees Don’t Translate Into Higher Return (The Wall Street Journal)

8/1/2015 - 5 biggest financial mistakes Gen X and Gen Y make (MarketWatch)

Sivertsen said the biggest looming threat to Gen Xers, however, is not access to affordable investment advice. Rather, it’s their lack of savings for retirement. And it’s a threat made even worse if you consider the possibility that Social Security might not be available in its current state for their retirement. Social Security benefits are… Read more 8/1/2015 - 5 biggest financial mistakes Gen X and Gen Y make (MarketWatch)

8/1/2015 - A retirement storm is coming. Are you prepared? (The Washington Post)

The Government Accountability Office found that among households headed by someone 55 or older, about 29 percent have neither pension nor retirement savings. Among those who do have savings, the median amount for households headed by someone 55 to 64 is about $104,000, and $148,000 for households headed by someone 65 to 74. That’s “equivalent to… Read more 8/1/2015 - A retirement storm is coming. Are you prepared? (The Washington Post)

7/31/2015 - Do we really have a retirement crisis? (CBS MoneyWatch)

Have we got a crisis, or merely a series of hard problems?” This question was posed at a recent panel discussion at the American Enterprise Institute (AEI) during a discussion of retirement readiness in the U.S. During the past few years, a number of analysts and research institutions have published reports describing a looming retirement crisis. One review… Read more 7/31/2015 - Do we really have a retirement crisis? (CBS MoneyWatch)