A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps

A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps

The so-called silver tsunami of retirees is beginning to crest this year, as a record-high 4.1 million Americans turn 65 in 2024. While many are part of an exodus from the workforce, not all of them will retire: Some cannot afford to stop working, and there is also a growing cohort of college-educated baby boomers who want to keep their jobs despite having the financial means to retire.

Still, as baby boomers reach what experts are calling the “peak 65 zone,” the number of people retiring is expected to jump from around 10,000 per day over the past

Read More

Boeing Disaster Proves Americans Businesses Greedy Mentality Is Broken

Boeing Disaster Proves Americans Businesses Greedy Mentality Is Broken

If only Boeing’s problems were just about a nightmare flight — a screw loose, a blown-out door plug, and 177 people who will probably need therapy for the rest of their lives. But as the iconic American plane manufacturer tries to make amends for the disastrous Alaska Airlines flight in January, it’s become clear that Boeing’s problems run far deeper. They expose decades of American corporate philosophy gone awry. 

Boeing is a quintessential example of America’s rotting business culture over the past 40 years. The company relentlessly disgorged cash to shareholders when it could’ve spent it on building a better

Read More

Inflation and mounting expenses pushes Americans to make dangerous economic choices: Survey

Inflation and mounting expenses pushes Americans to make dangerous economic choices: Survey

A increasing variety of Us residents are turning to dangerous financial ways to make ends meet as inflation continues to press charges up, a new study reported.  (iStock)

With budgets strained, some Americans are embracing risky monetary behaviors to make finishes fulfill, a modern survey claimed.

High inflation and desire prices pushed 35% of Us citizens to drain cash or take into account draining money from unexpected emergency cost savings and 26% have skipped or are contemplating turning out to be delinquent on their credit score playing cards, financial loans or other credit card debt, in accordance to

Read More

Where Do Americans Get Their Money Advice? Top 100 Financial Experts of 2022

Where Do Americans Get Their Money Advice? Top 100 Financial Experts of 2022
Where Do Americans Get Their Money Advice? Top 100 Financial Experts of 2022

A recent GOBankingRates survey found that nearly half of Americans turn to experts to get financial advice, and they’re getting this advice from a variety of sources, including books (20%), podcasts and radio shows (23%), social media (19%), blogs and websites (45%), TV shows (15%), news columns (20%) and popular financial figures (33%).

Advice: Dave Ramsey on the Right Way To Become a Millionaire
More Advice: Mark Cuban on the Importance of Doing Your Investing Homework

GOBankingRates analyzed “best of” lists and other rankings to determine the best of the best in each of these categories. Here’s a look at

Read More