Smart Succession Planning Unlocks Your Retirement Funds

As it stands today, roughly 12 million Baby Boomers own some type of small business, the combined value of which is roughly equal to $10 trillion. This comes at a time when the oldest of them have just crossed into their seventies.

Sep 20, 2017 Seth Scholar

How to Protect Your Child From Identity Theft

Alan Brill has scoured computers for intelligence left by Iraqi forces retreating from Kuwait. He has probed a bank in Bosnia suspected of funding ethnically targeted mass murder. He has investigated the work of hackers who got inside the 2008 presidential campaign networks of Barack Obama and John McCain.

What’s on his radar now? Your kids.

Jul 5, 2017 Suzanne Woolley

Popular 401(k) Funds Are Packed With Tech Stocks

How tech-savvy are you? Recent volatility in popular technology stocks, including Apple, Microsoft, Facebook, Google parent Alphabet and others, is a reminder to check the tech weighting in your retirement portfolio.

Jul 3, 2017 Suzanne Woolley

Millennials Are Helping America Save More Money

After almost a decade, Americans may finally be turning the corner on saving money. More than 30 percent of them say they have enough tucked away to cover six months’ worth of expenses — a seven-year high for this measure of financial calamity preparedness, a financial planning favorite.

Jun 22, 2017 Suzanne Woolley

Two in Five Americans Say They’ll Need $1 Million to Retire

Setting a retirement savings goal can feel like a crap shoot. How can you calculate your expenses, especially for health care, five, 10, 50 years from now?

If you’ve punted, you have company. Only 41 percent of workers have even tried to figure out how much they need in savings to retire comfortably. 

Mar 22, 2017 Suzanne Woolley

Wall Street Rule Changes Will Be Slow in Senate

A key Republican Senator is casting doubt on hopes for quick action to dismantle the Dodd-Frank Act or overhaul the U.S. mortgage-finance system, citing the need for bipartisan support in a Congress that seems to be far from providing it.

Feb 21, 2017 Elizabeth Dexheimer

Young Americans Would Rather Disclose Their STDs Than Their Debts

It seems 39 percent of millennials would rather disclose a preexisting sexually transmitted disease to a potential partner than reveal their debt, according to a survey of 2,000 millennials SoFi conducted, using online poller Survey Monkey. In addition, the survey found that serious debt was the second-biggest romantic deal-breaker, after workaholism.

Feb 10, 2017 Suzanne Woolley

California’s Payments Into Teachers’ Pensions to Triple

California’s contributions to the California State Teachers’ Retirement System are projected to almost triple in less than a decade and may increase even more due to low investment returns and the cost of benefits enhanced in boom times.

Feb 7, 2017 Romy Varghese