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Author Archives: gary

Was I Absent the Day They Taught That?

The Employee Benefit Research Institute, as published in their 2009 Retirement Confidence Survey, noted that “ignorance is still a major factor”, while pointing out that only 44 percent of workers report they and/or their spouse have tried to calculate how much money they will need to have saved by the time they retire. The report [...]

Americans are Financially Illiterate

I have a college degree, but you know, I just don’t know anything about mortgages and what’s the right thing to do.” When I heard a South Florida home buyer say this the other day, it sounded so familiar. I hear that sentiment so often, not just about mortgages, but about life insurance, investments, annuities, [...]