“They went to work every day and built a life for themselves, put money away in a savings plan and paid their taxes. And then they got divorced or hurt on the job or sick or widowed or just plain unlucky — and found themselves in the same boat as millions of Americans who are now approaching retirement with most of the financial props knocked out from under them.”
That is, in fact, a question on a lot of people’s minds these days. After their precipitous decline, markets recovered at a similarly break-neck speed – not completely, of course, but enough to astonish observers who are expecting events in the ‘real world’ to get much worse before they get…
It was the summer of 1971. I was studying in West Germany, but had taken the opportunity to visit London. The world was much different then. International travel, especially air travel, was novel and expensive; we took trains and ferries. International telecommunications was possibly even more novel and expensive; we…
Many employees are currently in their open enrollment period where they can update their choice of employee benefits. Here are a few things to consider when you’re selecting your benefits. Medical insurance Some things to consider: Make sure the plan covers the services you need: preferred doctors, medications, mental health,…
Here is The Big Secret: there is no secret! People who accumulate wealth and enjoy a life of financial security tend to share certain, well-documented behaviors. The behaviors (‘rules’) are there for anyone to see and learn from: you simply need to be serious about your financial goals and pay…
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