Month: June 2019

Hero Images | Getty Images Brits under the age of 30 are spending less for “fun” than they did in 2001, according to researchers. A report published Thursday Resolution Foundation, a U.K.-based think tank, found that young adults’ real-terms spending on non-essentials dropped by 7% between 2001 and 2018. Meanwhile, 50 to 64-year-olds’ leisure spending
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Who will you ask for help if things don’t feel right in retirement? (photo credit: Getty) Getty A retired family member needed some medical supplies. My wife usually takes care of this stuff, but she was out of town, so the task fell to me. At first, it wasn’t a big deal.  I was just going
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A post-mortem by British lawmakers and regulators into the suspension of the U.K.’s best known stockpicker’s flagship fund could expose some systemic flaws in the fund industry, analysts have suggested. Conservative Member of Parliament (MP) Nicky Morgan, chair of the Treasury Committee, last week wrote to the CEO of Britain’s most influential investment platform, FTSE
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Westend61 | Getty Images Divorce can be especially difficult for parents still raising children. Your post-separation finances don’t have to be. About 40% to 50% of married couples in the U.S. divorce, according to the American Psychological Association. While there are many changes when separating from your spouse, managing the finances for your shared children
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Michelle Treanor at a Dollar General Corp. store in Saddle Brook, New Jersey, Emile Wamsteker/Bloomberg BLOOMBERG NEWS  On average, older Americans have a more secure retirement than ever. But even as aggregate retirement savings are rising, tens of millions of older adults will be unable to pay their expenses, especially their medical and long-term care
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