Retirees are not reaching the retirement income replacement rate

Retirees are not reaching the retirement income replacement rate

Mstudioimages | E+ | Getty Images To maintain your standard of living in retirement, the general rule is that you must be able to replace at least 70% of the income you had while you were working. But many retirees are not meeting that retirement income goal, according to research by Goldman Sachs Asset Management. … Read more

Even with lower used car prices, buyers are paying $7.1,000 above ‘normal’

Even with lower used car prices, buyers are paying .1,000 above ‘normal’

Photostorm | E+ | Getty Images There is still some way to go before used car prices come down to earth. While prices were 8.8% lower in December than a year earlier, consumers are still paying more for used cars than they would if typical depreciation expectations were in play, according to the CoPilot car-buying … Read more