Tag Archives: retirement

Be mine and other credit news to know this week

Taylor Tompkins

This week’s (un)lucky number is: 71 percent That’s the number of baby boomers who had nonmortgage debt when they hit ages 56-61. If you’re not there quite yet, pay down your debt as soon as possible. If you are there, you still…
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Football frenzy, reading rager and other credit news to know this week

Taylor Tompkins

This week’s number is: tens of thousands Normally in this part of the blog, I try to convince myself and you that I am funny in an attempt to get you to keep reading. But this isn’t a joking matter. Thousands…
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My budget-buster: first-kid spending splurges

Kelly Dilworth

After arguing with my spouse over whether or not we could afford to set aside more money for retirement, I recently completed an overdue audit of my spending. As I scrolled through the list of impulsive transactions, I realized I…
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If you aren’t saving in your 20s, you’re doing something wrong

Kelly Dilworth

An essay on the millennial website, Elite Daily, went viral last week when it brazenly declared that, “if you have savings in your 20s, you’re doing something wrong.” Shared more than 60,000 times on Facebook, the essay mostly reads like…
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Study: Millennials struggle to find financial balance when saving for retirement

Sienna Kossman

A March 2015 study by Principal Financial Group found that 63 percent of millennials started saving for retirement at or before age 25, but less than one-third are saving enough to secure a strong retirement later on.
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