Way back in the 1600s, an unprecedented demand for tulips caused a bidding war that brought Holland to its knees.
Statistically speaking, according to Investopedia, by far the #1 source of arguments in a relationship is concerns and issues about money.
When figuring out how much they need to save for a comfortable retirement, many people forget to account for the inflation that will occur once they are no longer working.
They may begin retirement with a sufficient nest egg to maintain their lifestyle, but they put all their money in cash or bonds and not in stocks.
Afraid you’ll outlive your money? You’re in good company. According to Forbes magazine, outliving our savings is one of the Baby Boomer generation’s biggest fears. And with more and more people living well into their 80s, and beyond, these fears are not unfounded.Said HMA President, Steve Burnett, “You’re going to want to budget.
We aren’t preparing, at least not the way we should. We think about retirement, but many of us put off planning for it and organizing our finances in such a way as to truly prepare for this major life transition. Much of this is because information rains down on us from every source imaginable and it’s difficult to get away. If you are avoiding doing something this important, you should probably pay attention to the following bits of advice.