Tag: Social Security
Taking out a high-cost payday loan is an act of desperation, and people on federal disability are some of the biggest users. Nearly 6 percent of households under 66 and on disability use payday loans, compared with 4 percent of the general population, according to Haydar Kurban at Howard University, who did the analysis for…
Three out of four members of Generation X wish they could turn back the clock and get another shot at planning for retirement. One in three baby boomers say don’t think they’ll ever be able to retire. “Overwhelmingly, Americans are stressed about their current – and future – financial situation,” the National Association of Persona…