Retirement should be a time of freedom, security, and peace of mind. Yet, for many African Americans, systemic barriers such as income inequality, limited access to financial education, and underrepresentation in high-paying industries have made saving for retirement more challenging. Despite these obstacles, African Americans can create a healthy nest egg by taking intentional… Read More
Many people have a hard time keeping up with their bills. More than three-fourths of Americans have some type of debt. Fortunately, there are several options to get out of debt, including working directly with your credit card company or a non-profit credit counselor. As the Consumer Financial Protection Bureau highlights, the best… Read More
Is there a secret to financial success? Most Americans (52%) say “yes” – and the average salary considered successful is $270,000 per year, and $5.3 million in net worth, according to new research from Empower, a financial services leader in investing, planning, and advice. But it’s not just money – it’s what money can… Read More
(BPT) – By Rob Williams, Managing Director, Financial Planning, Retirement Income and Wealth Management, Schwab Center for Financial Research There are a lot of cautionary tales in the news these days about how unprepared people are for retirement, painting a rather bleak picture of widespread financial insecurity. But the reality is quite different. … Read More