Americans are not financially prepared for old age, study finds

Americans are living longer than past generations, and for many that means working longer, too. While for some this might be a choice, for many it is a financial necessity, according to a new report published Oct. 22 by the ...

Decision to live together negatively affects wealth accumulation

Living together is often a first step before marriage, or for a growing number of millennials, an alternative to tying the knot. Money or debt can be a common reason for this decision, but there are long-term financial implications ...

Millennials are not adequately saving for retirement, study finds

According to the U.S. Census, millennials accounted for more than 25 percent of the population in 2015, yet this significant segment of the workforce might not be prepared for retirement. In a new study, researchers from ...

Life differences make women less risk tolerant when investing

Prior research has long shown that women are, on average, less risk tolerant in their financial decisions than men. This is a concern as investors with low levels of risk tolerance might have greater difficulty reaching their ...

Buying high in the stock market caused by overconfidence

The golden rule for investing has always been "buy low, sell high." Past research has shown that many people make the common investing mistake of selling stocks at a low price after the stock market has experienced a decline. ...

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