Generation X Experiencing High Anxiety Around Retirement

Like Billy Joel, I frequently find myself in “A New York State of Mind.” I am a New Yorker — born, raised and educated in the Empire State. Though I no longer live there, I still call it home — which is why I was concerned by the findings of a new AARP survey released last week. The reality is, the New York state of mind is experiencing high anxiety when it comes to saving for retirement — especially Generation …

A Secure Retirement: American Dream or Pipe Dream?

I often hear from friends and family members that they’re afraid they don’t have enough saved for retirement, and the truth is, many Americans are not prepared for the future. As recently highlighted by the New York Times, the reason many are not financially prepared is because they don’t have the right tools at work to help them save for their future. In fact, when individuals have a way to save through their workplace, their rate of savings goes up …

4 Simple Tips That Can Save You Money

Saving for your future doesn’t have to be complicated. Here are four simple tips that can save you big money. Watch the video, and see below for even more resources.   1. Know where your money goes    It doesn’t matter whether you do it on your computer, on your phone or with good old-fashioned pen and paper – just be sure to track your spending! For your computer, many banks and credit unions provide spending analysis tools free as …

Greater Saving Can Increase Retirement Security and Economic Growth

  Increased saving can be an important driver of future economic growth and rising living standards. That is the conclusion of a new report by Oxford Economics – Another Penny Saved: The Economic Benefits of Higher US Household Saving – sponsored by AARP and 10 other organizations. The U.S. personal saving rate has been declining for more than 30 years. And the report’s authors project the rate will drop further – from around 4 percent today to about 3 percent …

Work and Save: From Sea to Shining Sea

The problem with living in Washington, D.C., too long is that you start to forget all the exciting action happening outside this politics-crazed town. The truth is, the real action is taking place in state capitols around the country. Today I want to take a moment to highlight some of the victories and innovative solutions happening from Hartford to Olympia to help people save for the future and live independently as they age. I’m lucky enough to have worked for …