A recent study gave some very interesting insights into the minds of these young adults, especially with regards to money and The American Dream.
Should you focus on your retirement planning, or planning for your children’s college tuition?
Nearly 60% of Americans don’t have enough money saved to take care of an unplanned expense.
By the age of 62, two-thirds of Americans have retired completely. At that age, many people are still physically able to do many jobs.
Many Americans get depressed once they quit working. Studies show that retiring can actually increase your risk of getting depressed by 40%! So much for golden years.
About 4 million people retire every year. When the day finally comes that you clock out of work for the last time, will you be ready?
While Millennials are a generation that is exceptional in many ways - better educated than their predecessors, more ethnically diverse, and more economically active - according to studies they struggle with personal finance.
If you do not know about mutual funds, you might be inclined to run for the hills when you hear the term. But understanding mutual funds is essential if you have any interest in investing your money.
Understanding your finances comes down to understanding just a few key elements, definitions, and numbers that make up the sum total of your financial life.
David Lerner News
Retirement Planning Information
Women's Financial Literacy