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When it comes to saving for retirement, politicians have choices. Those choices affect the people of the USA. On one hand, some have encouraged politicians to eliminate the tax advantages enticing individuals to save through vehicles like 401(k) plans.¹ On the other hand, Republicans in the House of Representatives have offered to maintain those tax incentives and create new savings accounts allowing individuals to withdraw contributions and earnings […]

A few decades ago, a wise man asked a Bible college administrator why there were no financial courses offered to help train future ministry personnel in the importance of balanced budgets and saving for retirement.  The administrator responded that there were simply insufficient course hours available at the undergraduate level for such a class. Including a course in personal finance would require the elimination of other courses […]

Millennials are not saving at all, let alone saving enough for retirement. They have been turned off to saving by the materialism of their elders’ cultural values. Millennials cannot be sufficiently motivated to think about retirement. Reports and surveys about Millennials and their interest in planning for their financial future are plentiful. Most finish with conclusions similar to those above.

Anyone Can Save

However, the NAPA Net […]

With the Dow Jones Industrial Average and the Standard & Poor’s 500 near all-time highs and prices for quality bonds equally high, it would seem that retirement account values are likely to decline. This is a difficult place for Baby Boomers (or anyone else) having retired or nearing the event. The natural reaction, and the advice some would offer, is to avoid the […]