According to a survey undertaken by Bankrate.com, approximately half of Americans are without savings that can last them more than three months if they lose their income. The implications are that most Americans would actually be unprepared for a financial emergency. The study put the number at 25% of the country having no funds to …more
Many boomers are financially unprepared for retirement. In fact, a recent Associated Press survey shows that most boomers are nowhere near ready for retirement. What’s the problem? Unfortunately, many boomers have succumbed to some financial planning myths that simply won’t fade. And the more you believe the prevalent financial planning myths, the more of a …more