American’s Top Fears of 2016

In a recent article on USA Today, it discusses a survey done that shows the top fears of Americans for this year. Here they are: Corruption of government officials (same top fear as 2015) — 60.6% Terrorist attacks — 41% Not having enough money for the future — 39.9% Being a victim of terror — 38.5% Government restrictions on firearms and ammunition — 38.5% People I love dying — 38.1% Economic or financial collapse — 37.5% Identity theft — 37.1% People I love becoming seriously ill — 35.9% The Affordable Health Care Act/”Obamacare” — 35.5% What I found most interesting … Read more

Most Americans Significantly Behind on Saving For Retirement

In a recent USA Today article, referencing a study done by the Employee Benefits Research Institute, said that: There’s a substantial gulf between the amount of money Americans have actually saved for retirement and what they might need to last throughout their golden years. Nearly three in five people surveyed in a recent study from the Employee Benefits Research Institute had saved $25,000 or less for their retirement, with more than a quarter having saved less than $1,000. Yet plenty of financial experts think you’ll need $1 million, $2 million, or even more in order to sustain the lifestyle you … Read more