2 maps show how Americans rely on income like Social Security more than they used toAmericans increasingly depend on government aid due to aging populations and rising healthcare costs, with programs accounting for 18% of personal income in 2022.
Harriette Cole: I'm barely out of school and I'm hit with my parents' money problemsCommunicate honestly with parents about your own financial limitations.Encourage parents to seek financial advice for better planning.Recognize the growing trend of financial insecurity among older adults.
I'm 61 and just retired for the second time with a $6.2 million in net worth - I have always been money-conscience but am I holding too much cash?The case study illustrates the complexities of Chubby FIRE and the challenges of cash allocation in early retirement.
Harriette Cole: I'm barely out of school and I'm hit with my parents' money problemsCommunicate honestly with parents about your own financial limitations.Encourage parents to seek financial advice for better planning.Recognize the growing trend of financial insecurity among older adults.
I'm 61 and just retired for the second time with a $6.2 million in net worth - I have always been money-conscience but am I holding too much cash?The case study illustrates the complexities of Chubby FIRE and the challenges of cash allocation in early retirement.
Older Workers Deserve Rest-but the Country Isn't Letting Them Have ItYoung workers face significant barriers in career advancement due to older generations delaying retirement.