Posts Tagged: retirement funds

Higher Stock Ownership among Americans in 2023

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According to the Washington Post, 61 percent of Americans own stocks, which is the highest number since 2008. Questions: Source: Singletary, M. (2023) More Americans own stocks. This is great for their financial future. The Washington Post, June 6. (Retrievable at https://www.washingtonpost.com/business/2023/06/06/american-stock-ownership/)

Is a new retirement savings plan part of your future?

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If you make a list of the most hated words or phrases in politics today, “employer mandate” has to be in the top 10. However, in this era of retirement security crisis, mandatory retirement savings program is gaining more support in Washington. Questions: 1. Who are pushing the idea politically? 2. Why will the Congress… Read more »

Humans are Bad at Understanding Compound Interest

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Maybe you haven’t even thought about your retirement, but according to Matthew O’Brien, you should. This is particularly true if you are contributing to a 401 (k). Questions: 1. What should you look at rather than the returns when picking your 401(k) funds? 2. According to O’Brien, what do 1.25 % annual fees for retirement… Read more »

Slowing Wealth – New Study Reports

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According to a new study by the Urban Institute, the American dream of working hard, saving more and becoming wealthier than one’s parents holds true for many, unless you’re under 40. Questions: 1. What are some of the factors that have negatively affected the wealth of younger Americans? 2. According to the article, if a… Read more »