More than half of workers 60 years old or older say they are postponing retirement plans, according to a new study by employment site CareerBuilder. Four out of 10 workers said they don’t think they can retire until at least age 70. The biggest reason is uncertainty over how much money is needed to retire.
You may not have to postpone your retirement if you follow the sound advice in this new article, Retirement Planning is One Big Math Problem, just posted at MikeaboutMoney.com
PayPal will be expanding its in-store payment offerings this year, now offering users the ability to deposit money onto a prepaid debit card or use their service via a partnership with Samsung Pay.
This makes paying for goods easier for consumers, especially the so-called “un-banked.” But, are Debit Cards a secure way to complete transactions? You may be surprised at the answers. Read more here at MikeaboutMoney.com.
The acting director of the Consumer Financial Protection Bureau says he wants to cut off public access to a database of consumer complaints about banks. Mick Mulvaney told the American Bankers Association the agency should not be running a “Yelp for financial service companies.”
What do you think?
Read more about personal finance at Mikeaboutmoney.com
Being a young adult can be exciting – enjoying the early stages of a career, having your own place, making new friends – but it can also be confusing and stressful. One of the reasons is money, and learning how to manage it.
This important article was just posted at MikeAboutMoney.com.
Read the entire article here.
Your daily $ from MikeaboutMoney.com
Higher Interest rates
Interest rates are set to go higher for consumers borrowing money for cars and home purchases. Treasury bond rates are rising which usually mean higher interest rates on car loans and mortgages.
Free Battery for Macbook Users
Some consumers who own 13-inch Macbook Pros will get a free new battery. Apple says it has found that a component in some of the devices can cause the battery to expand. You can find out if you’re eligible for a new battery by going to the Apple Support page.
The campaign to fast track autonomous car testing has gotten a new ally. The Wine & Spirits Wholesalers Association of America says its joining the Campaign for Future Mobility, a lobbying group promoting autonomous car legislation. In the past the group has praised self-driving cars for safety reasons.
Daily money updates from MikeaboutMoney.com
Our client, FreeBirthday.com has posted, a very special offer for a $10 Starbucks eCard for just $5. This is YOUR special invitation.
As you can imagine, this is a very limited offer and they are going fast. These make a perfect gift for friends and family, and, they won’t know you paid half price for the $10 gift card.
Here is where you can access this special offer Starbucks for $5
Hurry, offer ends today.