Daniel Bukszpan is a senior writer and producer for CNBC.com. He has been a freelance writer for 20 years and is the author of "The Encyclopedia of Heavy Metal," published in 2003 by Barnes and Noble and "The Encyclopedia of New Wave," published in 2012 by Sterling Publishing. He also contributed to "AC/DC: High-Voltage Rock 'N' Roll, The Ultimate Illustrated History," "Iron Maiden: The Ultimate Unauthorized History of the Beast" and "Rush: The Illustrated History," published by Voyageur Press. He lives in Brooklyn, New York, with his wife, Asia, and his son, Roman.
During the height of the recent financial crisis, a new term entered the lexicon of pop economists and established number-crunchers alike --- “man-cession.” This term refers to the loss of jobs among men, which occurred at a higher rate than it did among their female counterparts. However, things finally seem to be turning around.
Washington state may be the next American state to legalize gay marriage. It has the support of several major companies, but Microsoft is the most high-profile business to back it. Prominent figures in the business community support marriage equality, as was the case in New York, the last state to legalize it.
Some people who are unprepared for retirement respond with a strategy known as “Hurry-Up Offense” retirement. This entails scrambling like mad at the 11th hour to find something to live on. It’s less than ideal, but sometimes a well-planned nest egg simply doesn’t exist.
Faith in financial institutions like Social Security has eroded. Many people now wonder aloud if it will be around much longer. Should they claim Social Security early? Financial advisers agree on what course of action to take: Don’t do it.