What were the ten most popular stories on retirement in 2010? I checked the traffic data here at RetirementRevised, and–no surprise–the list of most-viewed stories reflect our hard times economy. The most-read stories focused on issues like Social Security benefits, 50+ job-hunting, saving money and improving cash flow. Here are the ten most viewed stories [...] [...more]
A mortgage is a contract. Maybe that’s why Brent White has drawn so much attention in the red-hot national debate about the ethics of strategic default on mortgages. White, a law professor at the University of Arizona, is outspoken on strategic default—the notion that it’s okay for homeowners who are underwater on mortgages to simply [...] [...more]
Soaring credit card debt and medical expenses sparked a major increase in the number of older Americans filing for bankruptcy in recent years. A study of bankruptcy filings found that the average age of bankruptcy petitioners is rising, with the sharpest increase among those over age 55. While older people account for a relatively small [...] [...more]
Debt reduction is a critical component of retirement planning, since you’ll be on a fixed income and facing pressure to keep pace with mounting costs. Interest expense just adds pressure–especially high-rate credit card debt. That’s why it’s well worth your time to understand the new consumer protections on credit and debit cards that take effect [...] [...more]
Chris Farrell is an optimist, so when he talks about the Great Recession he looks for the silver lining. The economics editor for public radio’s Marketplace Money, Farrell thinks the recession is ushering in some very healthy changes in our consumer behavior and personal financial habits. The debt-and-consumption driven 1990s are giving way to a [...] [...more]
