Because betting on Social Security is like standing on 15 when the house has an ace showing.
Posted On July 30, 2015
The Government Accountability Office’s 2013 Survey of Consumer Finances has revealed a rather frightening statistic: About half the U.S. population age 55 or older has no retirement savings. The GAO report found that 48 percent of households age 55 or older have some retirement savings; 23 percent have a defined…
Categories: Baby Boomers, Retirement
Are you saving enough?
Posted On July 28, 2015
Are you saving as much as you should be for retirement? If you’re a typical American – and particularly a typical American millennial – probably not. A recent study on retirement saving and spending by T. Rowe Price found that millennials are saving an average of only 8 percent of…
Categories: Financial Services, Generation Y / Millennials
“Tell me again how good we have it, Dad?”
Posted On July 21, 2015
If you feel like you’re making more but have less, you might be Generation X. According to this report from Stony Brook assistant professor of finance Noah Smith, writing for Bloomberg View, the Pew Charitable Trusts tracked Generation X households like mine and found that we typically make about $12,000…
Categories: Education, Financial Services, Generation X, Work
“Millennials are not looking for perfect people…Jesus already handled that.”
Posted On July 14, 2015
How do you keep millennials in your church? You certainly can’t be afraid of change – and change is not something with which religion has been historically comfortable. This is an entity, after all, that hasn’t changed its mission statement in 2,000 years. But while the mission by definition won’t…
Categories: church, Generation Y / Millennials
Millennials are shopping. In stores!
Posted On July 8, 2015
They should be the online shopping generation. With millennials’ digital upbringing, one would think they’d never need to step foot inside something as outdated as an actual store. Or worse, a mall. One might be surprised, then, to learn that 82 percent of the Millennials surveyed in global market research…
Categories: Generation Y / Millennials
The Modern Family 80/20 Rule
Posted On July 7, 2015
July Investment Advisor column on the changing family and its importance to financial advisors: http://www.thinkadvisor.com/2015/06/29/the-modern-family-80-20-rule
Categories: Uncategorized