Medicare Reform Outlook: Uncertain

With a new administration in the nation’s highest office, there is growing debate about Medicare reform. The federal program, which helps provide health insurance to those over 65 and certain younger people with disabilities, is partially funded by participant premiums and a 1.45 percent payroll…

Higher Education Cost Inflation Helps Lead to Legitimizing of MOOCs

Almost 40 percent of high school graduates accepted for college admission ultimately do not attend the following year. The reason? College is expensive: The average college graduate emerged with about $30,000 in student loans in 2015.1 So you’ve got to wonder, is it worth it…

The Old-School Stool

The proverbial “three-legged stool” of retirement funding traditionally comprised Social Security, a company pension and personal savings, but that stool has been wobbly for quite some time. In fact, the traditional pension has been replaced largely by employer-sponsored 401(k) plans. This development firmly places the…

Sleep and Other Surprising Economic Factors

As a result of all modern society’s demands, researchers say people are sleeping less than ever. Common sleep inhibitors include stress, alcohol consumption, smoking, lack of physical activity and excessive electronic media use.1 Sleep deprivation may be detrimental to one’s health, but there’s an economic…

Looking Through the Glass Ceiling

The Women’s Rights Movement began in 1848 to enable women to have representation in decisions impacting their social, civil and religious rights.1 While Hillary Clinton, the first female presidential candidate from a major party, was not elected this year, women take their right to vote…

The State of Real Estate

Thanks to price and sales growth, the U.S. housing market outperformed the U.S. economy in the first six months of 2016. Part of that success is demographic driven: Older millennials are looking to grow their families and buy their first home at the same time…

Perks of Growing Older

Getting older has its perks – from potential tax breaks to everyday discounts. It’s like turning 21 and getting carded all over again. Only now, in some ways, the older you are the more you may be able to save. If you’re closing in on…

Opposites Attract: Couple Finances

It’s very common for a married couple to have vastly different financial personalities. One may be frugal and the other a big spender. As we all know, money can be the source of some pretty big challenges in a relationship. In fact, a recent survey…

Being Wise in a Smart World

These days, it seems like everything’s getting smarter. Smart phones, smart cars, smart appliances, smart technology. Maybe we take things like this for granted, but you can start typing any phrase into Google, and the computer will finish it for you. That’s pretty darn smart….

Health Care Spending Trends

For the 40+ year period of 1961 to 2002, health care expenses followed a pretty steady upward trend, thanks to things like the introduction of Medicaid, coverage expansion and occasional price increases.1 But between 2003 and 2007, that rampant growth slowed down considerably, and the…