Investing: Encourage the Kids to Invest in Stocks

Just 26 percent of people under 30 are investing in stocks, according to a survey published by Bankrate.com, a personal finance site. By comparison, 58 percent of adults ages 50 to 64 invest in stocks. Since millennials have a much longer time horizon, stocks are generally more appropriate for them. So this trend is exactly the opposite of what logic would dictate. But it’s not logic that’s at play here — it’s emotion. According to a poll by Goldman Sachs, …

Millennials Put Their Own Stamp on Parenting

Grandparents Day earlier this month sparked the observation that some of our adult children take a different approach to parenthood. This is not their childhood redux. The changes range from care and feeding to playtime and parenting philosophy. According to a study of more than 10 million millennial parents, 50 percent agree with the statement “I am raising my kids the way I was raised,” while another 50 percent disagree or are neutral to the statement. Their top concerns? Monitoring …

AARP Survey: Today’s ‘Retirement’ Dream Often Includes a Job

En español |  Don’t expect boomers to jump into retirement and pursue a life of full-time leisure. Once they leave the workforce, many of them want to, well, continue working — often in an entirely new field. That’s according to a new survey by AARP of nearly 5,000 workers ages 50 to 64. More than one-third of those polled expect to work for pay — preferably part time — in retirement. And 44 percent of that group would like the position …

Celebrating Social Security’s 80th Anniversary

En español | On the morning of Aug. 14, 1935, Americans awoke in a country vastly different from the one we know today. The Great Depression had brought us to the point where, in the words of President Franklin D. Roosevelt, “one-third of the nation [was] ill-housed, ill-clad [and] ill-nourished.” Suffering the most were America’s elderly. Nearly half of our older population in 1935 lived in poverty! At approximately 3:30 on that August afternoon, President Roosevelt signed the Social Security …

New AARP Survey: Americans of All Ages Support Social Security

En español | As Social Security celebrates its 80th birthday, the program remains as popular as ever among all age groups, although some people are skeptical and confused about its long-term financial outlook. Those are a couple of the findings in AARP’s new report “Social Security 80th Anniversary Survey Report: Public Opinion Trends,” released Aug. 13. AARP has measured the attitudes of Americans ages 18 and older about Social Security periodically since 1995, most recently in June. Social Security Calculator: …

4 Tips for a Happy Road Trip

With AAA forecasting that 41.9 million of us will hit the highways over the July 4th weekend, findings from a new AARP Travel survey prove that the old-fashioned road trip remains prized by travelers 45 and older. More than 70 percent of those surveyed said driving is still their preferred way to go, according to AARP’s research. A majority reported that they plan to take three such trips a year. Why are roads all the rage? Respondents said they take to the highway when they want a …