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Nov222019 by adminNo Comments

More than half of savers say this about the health of their retirement accounts

Many workers don't need experts to tell them they aren't putting enough away for their golden years — they apparently already know it.More than half of U.S. adults (52%) say they are behind where they should be when it comes to saving for retirement, according to a new survey from Bankrate.com. Among pre-retirees, the lag is more pronounced: 57% of younger baby boomers (age 55 to 64) and 63% of Generation X (age 39 to 54) say they're behind."If you look at the economy, you might say it's great," said Mark Hamrick, senior economic analyst at Bankrate.com. "But the reality is that there can be disconnects between it and Americans' personal finances."Jamie Grill | Getty ImagesThe economic expansion, now in its 11th year, has been accompanied by strong stock market gains — and in turn has led

Nov182019 by adminNo Comments

Here’s what needs to happen to make people smarter about money

Finance

Carrie Schwab-Pomerantz is the president of Charles Schwab Foundation and a certified financial planner.Courtesy of Carrie Schwab-PomerantzCarrie Schwab-Pomerantz has a simple message for parents and schools: Teach your kids about money.The certified financial planner — who also is board chair and president of the Charles Schwab Foundation — is on a mission to make financial literacy as important as any other life skill taught, both in school and at home.While Schwab-Pomerantz has been pursuing this for at least 15 years — even working under both the George W. Bush and Obama administrations on financial capability policy — she and other advocates still face a steep challenge.Only 19 states require financial literacy curriculum in high school, and not all of those mandates are created equal

Nov182019 by adminNo Comments

Half of all older adults are worried about dementia, survey says

Health

Nov. 15 (UPI) -- Nearly half of American adults between age 50 and 64 fear they will develop dementia, a new analysis has revealed. In study published Friday in the journal JAMA Neurology, University of Michigan researchers report that 48.5 percent of 1,019 respondents to the school's National Poll on Healthy Aging feel they were at least somewhat likely to be diagnosed with cognitive decline. Another 4.2 percent felt they were "very likely" to develop some form of dementia. "Memory loss is often a big concern for people as they age," study co-author Donovan Maust, director of the Geriatric Psychiatry Program at the University of Michigan, told UPI. "While there has been a lot of scientific focus on early diagnosis and early treatment of dementia, there are still no effective treatments....

Nov152019 by adminNo Comments

Will fibre broadband be obsolete by 2030 – and what about 5G?

Technology

Labour has promised to give every home and business in the UK free full-fibre broadband by 2030 if it wins the general election.The plan would see millions more properties given access to a full-fibre connection, though Prime Minister Boris Johnson said it was "a crackpot scheme".If the plan went ahead and was completed on time, would it still be useful in 2030? What is full-fibre broadband?There are three main types of broadband connection that link the local telephone exchange to your home or office: ADSL (asymmetric digital subscriber line) uses copper cables to a street-level cabinet or junction box and on to the house FTTC (fibre to the cabinet) uses a faster fibre optic cable to the cabinet, but then copper cable from there to the house FTTP (fibre ...

Nov132019 by adminNo Comments

Sterling-Gomez clash: Gareth Southgate says forward may not be ‘hugely enthusiastic’ about him

Sports

Media playback is not supported on this device England manager Gareth Southgate says he "wouldn't imagine" that forward Raheem Sterling is "hugely enthusiastic" about him at the moment.Sterling was dropped by Southgate for Thursday's Euro 2020 qualifier against Montenegro after a clash with team-mate Joe Gomez at England's training camp.But Harry Maguire feels the squad has "moved on" from the incident on Monday. "Joe and Raheem are talking now," said the Manchester United defender. "It's good for the team to move on."Manchester City forward Sterling has stayed with th...