Moving and Retirement
A Daunting Topic by Elizabeth Duke: How to Improve Consumers' Financial Education
"If our schools can't spare the resources to provide financial literacy as a subject unto itself, I believe that the concepts required for sound financial decisionmaking should ... be incorporated into existing subject areas. Math problems can involve consumer financial calculations. Social studies classes can help students understand the real world financial issues and decisions they will face as young adults" more »
Financially Fragile Households: Can You Come Up With Funds Needed to Cope?
These findings show that while economic theories have emphasized the importance of precautionary assets to shield against shocks and sociologists have emphasized the importance of family or friends, in fact, both play a role in how individuals plan to cope with a financial shock. The highest levels of coping capacity? Canada more »
When a Pension Overhaul Comes Without Social Security
The math behind any big change in pension rules doesn’t look the same when state employees and teachers sit outside the Social Security system. The bulk of uncovered public sector employees reside in 14 states; do you know which they are? more »
The Disappearing Funds for Reverse Mortgage Counseling
"Sec. 2245. Notwithstanding section 1101, the level for 'Department of Housing and Urban Development, Housing Programs, Housing Counseling Assistance' shall be $0." This budget was zeroed-out as part of the FY 2011 Continuing Appropriations Act (H.R. 1473). more »