Tag: retirement
Retirement inequality is a thread running through several articles that have appeared here this year. One blog that was particularly popular with our readers distinguishes retirees who have enough wealth to maintain the same spending levels throughout retirement from those who will, over time, have to cut back and reduce their standard of living. T…
When children grow up and become financially independent, how do parents adjust their finances? Are they finally spending money on themselves? Saving more for retirement? Paying down debt? No one has come up with a convincing answer yet. Especially puzzling is that past research has shown that parents seem to reduce their consumption after t…
