Calculating Retirement

Yogi Berra once said, “You’ve got to be very careful if you don’t know where you are going, because you might not get there.”1 When it comes to retirement, plenty of people get there — but it may not be what they expected because they…

Helping You Find Financial Confidence in Uncertain Times

In a lot of aspects, these are uncertain times. We don’t know what new policies will be introduced following the presidential election. We don’t know how much interest rates and inflation will change in the future. We don’t know how the markets will respond. Many…

Retirement Matters

If you’re wondering how much of a Social Security payout you may receive, one number to keep in mind is 35. Your benefit is based on your 35 highest years of earnings. If you work less than 35 years, the calculation uses zero for your…

America’s Relative Recovery

Eight years after the global recession, Europe hasn’t recovered as well as the United States. According to economist Joseph E. Stiglitz, the eurozone project was “flawed at birth.”1 In his new book, “Euro: How a Common Currency Threatens the Future of Europe,” Stiglitz describes how…

Jobs After Age 55

The good news is 62- to 64-year-olds experienced the largest increase in jobs between 2007 and 2014.1 The not-so-good news is that many of those jobs are not of the upscale, high-paying variety.2 New research from the Center for Retirement Research at Boston College offers…

Health Care Spending Trends

For the 40+ year period of 1961 to 2002, health care expenses followed a pretty steady upward trend, thanks to things like the introduction of Medicaid, coverage expansion and occasional price increases.1 But between 2003 and 2007, that rampant growth slowed down considerably, and the…

Pension Matters

When it comes to preparing for retirement, headlines about underfunded pensions can be troubling. One study found that 21 state pensions held less than 40 percent of the assets needed to pay benefits. To make up for that shortfall, each taxpayer would have to contribute…

Stock Market Performance During Election Years

There’s only so much a U.S. president can do to improve the performance of the stock market, but that doesn’t keep people from connecting the highs and lows with the person sitting in the Oval Office. Regardless of party, the markets have traditionally improved during…

Men in Contemporary Society

With an increased focus on the pay disparity between genders, women in the workplace are a frequent subject of studies. How many work? How many out-earn their husbands? How many make less than their male peers? Meanwhile, we don’t often see many studies about men….

Life at Home is Your Business

With a businessman running against a career politician in this year’s presidential race, one topic of discussion has been the pros and cons of running the country like a business. The idea has been broached before, with several past presidents boasting more business than public…