550K Ford recall over seats
Ford is recalling more than 550,000 trucks and SUVs in North America because seat backs may not properly restrain people in a crash. The recall covers certain 2018 through 2020 F-150 pickups, 2019 and 2020 Super Duty trucks, 2018 and 2019 Explorer SUVs, and 2019 and 2020 Expedition SUVs. All have manual driver or front […]
Losses offset gains on TSX
Canada’s main stock index was little changed in late-morning trading as losses in the energy sector were offset in part by gains in the industrial and materials sectors. The S&P/TSX composite index was down 4.69 points at 16,379.80. In New York, the Dow Jones industrial average was down 52.86 points at 26,309.39. The S&P 500 […]
53% of Savers Are Setting Themselves Up for Retirement Failure
The average American thinks they’ll need approximately $1.7 million to retire comfortably, a survey from Charles Schwab found. Considering the median amount baby boomers have saved for retirement is just $152,000, according to a report from the Transamerica Center for Retirement Studies, there’s a significant gap between what workers have saved and how much they […]
Are You Patient Enough To Earn This $440,000 Retirement Savings Bonus?
If you’re in the homestretch toward retirement but not confident that your retirement savings are on track for you to live the lifestyle you expect, don’t give up. Two easy, totally realistic steps can dramatically boost your retirement savings. One of our what-if scenarios pays off by adding a hefty $440,000 to your nest egg. […]
5 Reasons Personal Finance Should Be Taught In School
Having basic personal financial skills is one of the most important things you can do to live a healthy, happy and secure life. Your level of understanding around the fundamentals of budgeting, saving, debt and investing will impact every part of your life and can mean the difference between prosperity or poverty. With how important […]
Why Millennials Could Face Retirement Nightmare
A recent survey shows plenty of baby boomers and Gen Xers are financially unprepared for retirement. But so-called millennials, those born between 1981 and 1996, likely will have it much worse. New research shows this generation, which will begin to retire around 2050, faces “dismal retirement finance prospects,” writes veteran columnist Mark Hulbert at MarketWatch. […]