By Richard Eisenberg, Next Avenue While working on his memoir “Radical Curiosity” a few years ago, Ken Dychtwald, the founder and CEO of Age Wave research and consulting firm, had an idea. What if he could film interviews with a dozen pioneers in the field of aging to share their wisdom, insights and legacy lessons
Month: August 2022
The U.S. military faces a growing recruiting shortfall — one so large that legislators are getting concerned. “The Army has to recognize that there’s been an evolution in that young population,” said U.S. Rep. Jackie Speier, D-Calif, chair of the Subcommittee on Military Personnel. “And if you’re going to target that young population for service,
Supachok Pichetkul / Eyeem | Eyeem | Getty Images Some policy experts were quick to sound an alarm after President Joe Biden announced a sweeping new plan Wednesday to cancel up to $10,000 in federal student loans for borrowers with incomes under $125,000. Biden will cancel up to $20,000 for recipients of Pell Grants. The
By Richard Eisenberg, Next Avenue There’s a serious problem in America, says longevity expert Susan Wilner Golden, in the way many of us — and businesses — view people over 60: as a monolithic group. In her new book, “Stage (Not Age),” Golden makes a case that chronological age no longer defines us, especially in
In this article MCD YUM QSR-CA SBUX DNUT WEN Getty Images Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work. Overall traffic to restaurants fell 2% in the second quarter from a year ago
Check out the companies making headlines before the bell: Electronic Arts (EA) – The video game company’s stock jumped 6.2% in the premarket on a Swedish media report that Amazon.com (AMZN) will announce an offer today to buy EA. Gap (GPS) – Gap rallied 6% in premarket trading after the clothing retailer reported an unexpected
In this article TREE Mark Hunt | Disabilityimages | Getty Images Owning a home is one of the key ways to build wealth. But for aspiring Black homeowners, that can be a difficult milestone to reach, according to a new report from LendingTree. Research from the online loan market company finds the mortgage denial rate
How many of us can say our families were mostly calm and peaceful and without ongoing conflict? My guess is, not many. As parents age, the embedded conflict can rise up, particularly when it comes to discussing finances. The underlying causes of dysfunction in family dynamics can be many: a history of poor parenting, untreated
We’ve had Roth options in 401(k) plans for some time now and Roth IRAs even longer. This has given people a chance to discover how Roths can offer savings advantages for retirement and other financial needs. The Roth option has usually been seen from the perspective of retirement alone. “The Roth IRA can payoff in
As more and more branded residences launch across the globe, many of them tied to internationally-known hotel names, differentiating these offerings becomes ever more important – and difficult. One line of demarcation gaining traction centers on branded residences’ culinary offerings. There’s good reason for this fresh focus on gastronomy. A recent branded residences report from
NASA plans to launch the Artemis I mission on Monday from Kennedy Space Center in Florida, sending the Space Launch System (SLS) rocket and Orion capsule on a more than month-long journey around the moon. — The uncrewed launch marks the debut of the most powerful rocket ever assembled and kicks off NASA’s long-awaited return
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of household debt in America, which reached $16.15 trillion during the second quarter of 2022. “We shouldn’t be panicked about the level of household
JGI/Jamie Grill If you’re one of the millions of Americans with student loans, President Joe Biden‘s forgiveness plan may be welcome relief. However, there are some key things to know about the income limits, experts say. Biden will cancel $10,000 for most borrowers or up to $20,000 for Pell Grant recipients, limited to those making
Brian Snyder | Reuters The Federal Reserve chair Jerome Powell said on Friday there will be “pain” to come in the economy as a result of the central bank’s battle with inflation, and right now, small businesses are experiencing that pain on both sides of the fight. Inflation has been the No. 1 concern of
By Susan Freudenheim, Next Avenue Just as my husband and I, both recent retirees, began drawing down our retirement savings, we’ve been hit by the barrage of nerve-wracking news reports — from 9% inflation and rising interest rates to stock market gyrations and recession warnings. I called my financial advisor to ask how worried we
Throughout most of the pandemic, buyers shopping in the middle and top price tiers faced the strongest competition — inventory was relatively lower, and there were more sales. Now, inventory for the least expensive homes is tightest while the sales gap has closed. “Buyers are stretched thin when it comes to affordability, and they are
In this article F Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021. Yilei Sun | Reuters DETROIT – Ford Motor is hiking the starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models, as it reopens order banks
President Biden this week announced a long-awaited plan to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal Trade Commission warned on Friday. “Nobody can get you in early, help you jump the line or guarantee eligibility,” said a consumer alert issued
Student loan borrowers stage an Aug 25, 2022 rally in front of the White House to celebrate President Joe Biden canceling some federal student debt. Paul Morigi | Getty Images Entertainment | Getty Images As tens of millions of Americans process the news of federal student loan forgiveness, countless questions are emerging about how it
By Jennifer Nelson, Next Avenue Robert Johnson, a professor of finance at Creighton University’s Heider College of Business, retired from a career in financial education in 2018 but recognized that he wasn’t comfortable spending his retirement years as if he were on perpetual vacation. Johnson says that while playing golf, reading for pleasure and having
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