Consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years.» Read More
Studies that say working an extra five years past retirement age don't take nursing homes stays and the shift away from pensions into account.
The proportion of people who say they are saving less than last year to retirement savings is down, but the retirement income deficit for the coming generation of retirees is estimated to be $4.3 trillion.
The magnitude of the debt that is frightening. In many cases, their middle class parents are broke and now they are starting their careers broke as well. By some measures, the total student debt outstanding is over $1 trillion.
Retired law enforcement is the most common profession receiving $100,000-plus pensions, but postal workers, social-security officers and a zoologist also make six-figures.
Ahead of the new year -- always the season for financial reckoning -- we offer a look at these common mistakes, and ways to stop making them.
Those earning incomes in the top one percent (like many Americans) rank themselves much lower than their actual position, and worry that the wealthy have "too much influence."
A new report shows that the One Percenters lost more income and paid higher tax rates than the rest of the population.
There are some countries where you can be 100 percent certain that you don’t have to pay income tax. Find out where.
With medical costs rising, more retirees are choosing supplemental insurance to augment what Medicare doesn't cover. Here's how to shop for additional insurance, sometimes called Medigap.
Rising costs — and the fear of being left bankrupt by medical bills — are why more retirees are selecting supplemental insurance for what Medicare doesn’t cover. Is Medigap right for you?
Traditionally it was poverty that caused social ills. But the evidence that wealth makes people callous is starting to mount.
Retirement experts say that even those hit by the Great Recession can retire comfortably if they are willing to work a few years longer than expected.
As Americans live longer, debilitating diseases such as Parkinson’s and Alzheimer’s are rising, making the need for long-term care vital. Who should buy long-term care insurance and when?
As Americans live longer, long-term care insurance is gaining in popularity as a way to offset costs associated with retirement. Would you buy the insurance, or rather save money on your own?
How much the Affordable Care Act will affect your pocketbook depends on how much you already make.
A Morgan Stanley strategist has come up with a new yard-stick for national competitiveness: the billionaire indicator.
Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right the New York Times reports.
Shying away from big resort-like senior communities, baby boomers are picking centrally-located senior neighborhoods that offer affordable housing with access to thriving community centers.
More baby boomers are gravitating to centrally located senior neighborhoods that offer affordable housing with access to thriving main streets, downtown areas and more.
College kids have always crammed for tests. Now university administrations are cramming to cut costs. They are awarding students less expensive 3-year, 'fast-track' diplomas.