Tag: retirement
When between 45 percent and 60 percent of Americans don’t have enough money for retirement, encouraging saving is a national priority. A related issue is preserving the funds once they’re set aside. A survey released last month by Transamerica indicates that workers frequently resort to hardship withdrawals and loans from their 401(k)s, because they lack…
The number of Americans over age 60 who are paying back federal or private student loans has reached a critical mass, quadrupling to 2.8 million over the past decade, a new report finds. These older borrowers owe $23,500, on average, and two-thirds of them also have mortgages and credit card bills at a time their…
