Tag: financial

Playing catch-up in the game of life: Millennials approach middle age in crisis

American millennials are approaching middle age in worse financial shape than every living generation ahead of them, lagging behind baby boomers and Generation X despite a decade of economic growth and falling unemployment. Hobbled by the financial crisis and recession that struck as they began their working life, Americans born

America’s declining birth rate foreshadows some tough financial times ahead

There were more than 3.7 million estimated births in 2018, down 2% on the year before, the Centers for Disease Control and Prevention’s National Center for Health Statistics said Wednesday. That’s the lowest level since the 1980s, despite an improving economy. Here are some ways the falling fertility rate may

what millennials should be doing every 5 years to become rich

There’s really no one way to define rich. Everyone measures wealth in different ways. “I know many people who make less than $50,000 but consider themselves wealthy because of their health, family, and friends,” Douglas A. Boneparth, CFP and president of Bone Fide Wealth, which offers financial planning and advice

Steven Mnuchin speaks to bank executives to reassure investors

In a precautionary move, Treasury Secretary Steven Mnuchin spent Sunday on the phone speaking with the chief executives of some of the country’s largest banks to avoid yet another market whiplash when Wall Street opens Monday, according to a person familiar with the matter. The secretary, who has been visiting