Pension Cuts Put Focus on Other Saving Methods
Your pension is a vital part of your long-term planning, and it's essential that you take into account accurate forecasts. Pension benefits for some individuals have been recently cut in a trend that seems to be impacting numerous organizations across the nation. This poses worrying problems for those who have relied on company or public pensions to supplement their...
Currency Outlook: The Dollar, Yen, Euro
Recent economic uncertainty has propelled the dollar down against the yen, resulting in a gradual reduction in the dollar's overall value. The dollar has also performed relatively poorly against the euro, and some are blaming uncertainty about the Affordable Care Act for sluggish performance.
Is the Market Rising Due to Inflation?
With the Fed's announcement that it's increasing interest rates, it seems likely that inflation is going to be a concern for investors in the near future. Much of this is fairly predictable, as the policies put forward by the new administration typically lead to inflationary pressures.
Student Debt: How Much Do We Owe?
Public education after high school is now seen as a necessity by many Americans, particularly given that many companies require some form of degree to even be considered for an entry-level position. Unfortunately, this is coupled with spiraling college debt, which has recently exceeded $1 trillion.
How Different Generations Plan Financially for the Future
Retirement is a key part of most Americans' plans, and many are saving via 401(k)s and IRAs. However, different generations save in different ways, and the focus on saving shifts throughout the years.
Markets Fall By Over 1 Percent – What That Means for You
This sudden drop in the markets is an important reminder that nothing goes up forever. If it rises too high, it’s likely that they’re overvalued and have turned into a bubble, a bubble which could burst at any moment.