Changes to a widely used credit score may make it more likely for consumers struggling with low scores to obtain loans. Fair Isaac Corporation’s newest FICO® credit scoring model will change certain aspects of how it computes the information on…Read More
Every year, the Trustees of the Social Security Trust Funds release a report to Congress on the current financial condition and projected financial outlook of the program. This year’s report, released on July 28, contains valuable information about the health…Read More
We all have some preconceived notions about what retirement will be like. But how do those notions compare with the reality of retirement? Here are four common retirement myths to consider. 1. My retirement won’t last that long The good…Read More
Why would people choose to claim Social Security retirement benefits at the earliest possible age of 62, rather than waiting until their full retirement age (66 to 67 for anyone born in 1943 or later), when doing so would reduce…Read More
With luck, many of us can expect to live to a very ripe old age. Are you prepared, however, for the financial implications of that possibility? Today, individuals contemplating retirement frequently face the fact that the financial costs associated with…Read More
The United States health-care system has been impacted by the Affordable Care Act (ACA). But how does delivery of health care in the United States compare to that of other nations? And where does the United States rank with respect…Read More
According to the Federal Reserve Bank of New York, outstanding student loan debt climbed by $114 billion in 2013, reaching $1.08 trillion at the end of the year (Federal Reserve Bank of New York, Quarterly Report on Household Debt and…Read More
In a word, yes. You may be great at deleting e-mails from Nigerian princes to avoid online phishing, but fraudsters keep coming up with new schemes for prying information or money from potential victims. And while scams sometimes involve hot…Read More
You’ve marched along to Pomp and Circumstance and collected your diploma–now you’re ready to finally head out on your own. Maybe you have student loans that you need to start paying back. Perhaps you’re looking forward to making your first car purchase…Read More
The following is an excerpt from an article recently written by Jim Parker of Dimensional Fund Advisors. He examines the human instinct to link recent global news events to stock market performance. Understanding how our brains are wired can make…Read More
