Tag: "savings"

Are Millennials Ready for Social Security Reform?

Government is very good at crowding out private sector activities.  When government borrows, it can cause interest rates to rise and crowd out more productive private sector borrowing.  When government expands welfare programs to help the hungry and homeless, the effect is the crowding out of individual giving to more efficient private-sector programs.  And decades [...]

Nervously Holding Bonds

The stock market is getting a bad reputation these days. It waxes and wanes hour by hour depending on everything from who is elected president to the future of twinkies and cupcakes. Never mind that in the grand scheme of things, individual stock returns are really based on corporate earnings, and never mind that historically [...]

The Second Debate and the Real Jobs Question

Last night’s debate left me a bit queasy.  It wasn’t Candy Crowley’s implicit cheerleading of the president or her incorrect “correction” of Mitt Romney on the Benghazi question.  Nor was it the fact that both candidates were interrupting each other so often that few coherent messages made their way to viewers.  It was the first [...]

How Are Baby Boomers Spending Their Money?

In an August blog post, I referenced a New York Times Economix blog article highlighting the falling median income among 55 to 64 year olds during the past three years.  One of my blog readers asked me about consumer spending for this age group.  Has it fallen along with income? Alas, my new NCPA study [...]

Falling Incomes In the Midst of Economic "Recovery"

Baby boomers just can’t get a break. Catherine Rampell of the New York Times’ Economix blog reports that since mid-2009, the median household income across the working age population has fallen, with the worst decline (10 percent) seen among 55 to 64 year olds. Rampell notes that re-employment opportunities for this age group are slimmer [...]

Is the Path to Retirement Just Pure Luck? (Part II)

Last week I highlighted some fairly positive news from a recent Wells Fargo/Gallup survey even though the media headlines appeared otherwise. Despite low interest rates on investments, more people than not are confident they will be able to buy cialis retire when they plan to. And the majority of current retirees are confident they will [...]

Save Early and Often

If I am insane for encouraging young people to think about retirement, then I am in good company. The Wall Street Journal ran an ar viagra online ticle this weekend on how college graduates can save even while paying off student loans. Nest eggs are not made overnight, so It’s really never too early to [...]

The Great 2013 Tax Hike on the "Wealthy"

I have written about this topic before…the expiration of the Bush tax cuts…but it is worth repeating. Despite Congress’ apparent lack of concern over the federal budget, most households are concerned about their own budgets. Start planning now viagra sale for 2013, because in 7 months, it may get worse. There are many tax advantages [...]

Don't Treat the I.R.S. Like a Savings Account

Picture this buy viagra in uk scenario: Suppose you are a habitual spendthrift and have great difficulty putting money aside for savings, so you ask a trusted friend to hold money for you. Each month for a year, you give this friend $200 a month, which you cannot b cialis for sale orrow against or [...]

Why Patience Pays in 401(k) Saving

A new survey from the Employee Benefits Research Institute and reported in the Wall Street Journal found that 0.2 p Master Mentalism – Magic Instruction. ercent of 401(k) participants have reached $1 million in savings in their 401(k) plans. They keys to this success? Consistent saving over at least 20 years and contributing high amounts [...]