This graphic from Raymond James illustrates some of the major financial differences that span the generations. Continue reading Americans are investing more in higher education
A recent study by CNN.com found that 60 percent of baby boomers are not able to fully retire due to money issues. How upsetting would it be to work a full career only to find out that you don’t have enough saved to retire? Don’t let this happen to you! The younger you are when you begin to save, the more you have compounding interest. … Continue reading Be Prepared for Retirement
According to Employee Benefits Research Institute, many Baby Boomers and the Generation X-ers will run out of money for basic needs early in retirement– many within 10 years of going into retirement. And current studies show Millennials are on the same path. How upsetting to be ready to retire – but learn you have to continue working to make ends meet. Or worse yet – … Continue reading Put Your Priorities in Order -Save for Yourself First!