This week, we're continuing the debt in retirement discussion from CNBC that we shared last week. With so many older Americans 60 and up facing increasing debt and longer lives, we ask the question, is being debt-free in retirement necessary?
Older Americans have seen their debt levels increase sharply over the past two decades, straining seniors’ finances at a delicate time — when they’re preparing to retire or have already entered their golden years.
The goal for your saving plan is up to you. Some people enjoy travel or the latest electronics. Others may save for school or a home purchase. While there are a thousand ways to spend your money, there’s only one way to save it — stick to the plan.
A poll of 2,000 Americans found people are delaying traditional life milestones in favor of financial security — surpassing marriage, having a child and a successful career as the most important milestone for respondents to achieve.
With Valentine’s Day just around the corner and America’s sweethearts planning to spend $27.4 billion on the occasion, the personal-finance website WalletHub released its report on 2020’s Valentine’s Day Spending Survey. We've shared some of the key stats from the survey.
Student loan debt in the US (Aaa stable) was the fastest growing type of household debt in the last decade. Moody's created a report that examined the factors contributing to the growth in student loan balances, and highlighted the social and credit implications of this rising burden.