According to a Pew Research Center survey, 61% of parents with at least one adult child over 18 said they provided them financial help. Tony Ogorek spoke with Adam Shell from USA Today in January 2019 about ways to cut the financial cord. Read the Article
USA Today’s Adam Shell spoke with Tony Ogorek in January 2019 about ways recent empty nesters can get their retirement plan back on track. Read the Article
Who will you become after you retire? This is an important question. After working for 40 or more years, our identity can become tied to our job title, career status and daily work life. Then there comes a Monday that you don’t go to work – you’re retired. The transition is hard, even for… Read more »
Global growth is expected to slow next year according to a recent report by Moody’s, driven in part by an expected deceleration of growth in the U.S. (U.S. Real GDP growth of 2.9% this year is expected to fall to 2.3% next year and 1.5% by 2020). Underpinning this global growth forecast is higher interest… Read more »
When you retire from work, you retire from pressure, stress, and dull meetings. However, there is one important thing that you leave behind: human contact. While you may not consider most of your colleagues good friends, just being around people every day provides a certain degree of socialization that you will miss once retired. Loneliness… Read more »
It’s no secret that Baby Boomers are leaving the workforce at a fairly high rate, but it is worth looking into why they’re retiring now and what was the key factor(s) in their decision. What we learn about those retiring today can help us prepare for our own futures as far as what we should… Read more »
For all the headlines extolling new stock market highs, this year has been a frustrating one for investors. For starters, since Jan 31st, most major asset classes are down, including U.S. stocks, foreign stocks, investment-grade corporate bonds, treasuries, and even gold. The chart below shows how cash has outperformed all of these asset classes over… Read more »
The U.S. stock market is one of the few asset classes that is making money this year, while foreign stocks, gold, investment grade corporate bonds and long-term government bonds are all down. What’s more surprising is the very narrow rally we have seen in the U.S. stock market, with just a handful of stocks responsible… Read more »
Women caregivers are twice as likely than non-caregivers to end up in poverty. On average, women caregivers lost in excess of $300,000 in lost wages, Social Security, and retirement benefits over a lifetime. This graphic, courtesy of the Women’s Institute for a Secure Retirement, highlights the financial hardships family caregivers have endured while being… Read more »