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7/21/2015 - Why Millennials Aren’t Saving More for Retirement (Time)

Another Millennial myth may be biting the dust. Apparently, millennials have better retirement saving habits than Baby Boomers. Millennials save 8% of their paycheck for retirement, according to a recent survey from T. Rowe Price. Baby boomers are just slightly ahead at 9%. The only reason millennials aren’t saving even more is that they have… Read more 7/21/2015 - Why Millennials Aren’t Saving More for Retirement (Time)

7/20/2015 - For millions, the recession is hardly over (CBS Moneywatch)

The global economy is improving. Just don’t tell many of the people who live and work in it. That’s according to the Organization for Economic Co-operation and Development (OECD), which has published a report about the labor conditions of its nearly three dozen member countries, including the U.S., Japan, and European countries such as the U.K. While… Read more 7/20/2015 - For millions, the recession is hardly over (CBS Moneywatch)

7/20/2015 - U.S. parents spend more, worry less about college (Reuters)

A new study by student lender Sallie Mae found the average amount spent on college education in the United States jumped for the first time in five years, thanks to greater outlays from high-income families and parental readiness to spend more. Families spent an average of $24,164 for the 2014-15 academic year, a 16 percent… Read more 7/20/2015 - U.S. parents spend more, worry less about college (Reuters)

7/19/2015 - Are You Emotionally Ready for Retirement? (The Motley Fool)

Retirement is a major transition. And while it may be a happy one — like other big life changes such as moving to a nicer home or welcoming a new addition to the family — it’s stressful.Anticipating the potential side effects going into your golden years will help you deal. Just as you plotted out… Read more 7/19/2015 - Are You Emotionally Ready for Retirement? (The Motley Fool)

7/17/2015 - Swindlers Target Older Women on Dating Websites (The New York Times)

Many of those targeted are women, especially in women their 50s and 60s, often retired and living alone, who say that the email and phone wooing forms a bond that may not be physical but that is intense and enveloping. How many people are snared by Internet romance fraud is unclear, but between July 1… Read more 7/17/2015 - Swindlers Target Older Women on Dating Websites (The New York Times)

7/17/2015 - Medicare, Medicaid popularity high: Kaiser (CNBC)

The majority of the public has positive opinions about the massiveMedicare and Medicaid health coverage systems—which will mark their 50th anniversaries later this month—and rate them among the most important government-run programs, according to a new survey. Read the full article at CNBC.

7/17/2015 - Judges Rebuke Limits on Wiping Out Student Loan Debt (The New York Times)

Ms. Roth, 68, worked in many jobs over the years, but she never made quite enough to pay back the $33,000 she borrowed years earlier for an education degree she couldn’t afford to complete, and certainly not the $95,000 it ballooned to in default. She filed for bankruptcy, wiping out five figures in medical debts.… Read more 7/17/2015 - Judges Rebuke Limits on Wiping Out Student Loan Debt (The New York Times)

7/16/2015 - How a Harvard Economist Screwed Up—and Then Saved—Her Retirement (Bloomberg)

Just because you have a Ph.D. in economics doesn’t mean you know how to invest for retirement. Alicia Munnell, the director of Boston College’s Center for Retirement Research, was a member of the president’s Council of Economic Advisers for two years before joining Boston College as a professor of management sciences in 1997. Before the council, she was assistant… Read more 7/16/2015 - How a Harvard Economist Screwed Up—and Then Saved—Her Retirement (Bloomberg)

7/15/2015 - Millennials Who Are Thriving Financially Have One Thing in Common (The Atlantic)

Millions of America’s young people are really struggling financially. Around 30 percent are living with their parents, and many others are coping with stagnant wages, underemployment, and sky-high rent. And then there are those who are doing just great—owning a house, buying a car, and consistently putting money away for retirement. These, however, are not your run-of-the-mill… Read more 7/15/2015 - Millennials Who Are Thriving Financially Have One Thing in Common (The Atlantic)

7/14/2015 - Should You Let an Algorithm Do Your Saving for You? (Bloomberg)

Setting up regular automated deposits that zap money from checking right into a savings or investment account is the easiest—and often, most painless—way to save money. Once it’s set up, you can save with zero effort every time a paycheck is directly deposited into your checking account. You might be shortchanging savings with that “set it and forget it”… Read more 7/14/2015 - Should You Let an Algorithm Do Your Saving for You? (Bloomberg)