For those in their 40s, planning for retirement should include saving for the unexpected
If you're in your 40s, paying for a child's college should take a back seat to protecting your own savings, financial experts say.
Jill Schlesinger, CFP®, is the Emmy and Gracie Award-winning business analyst for CBS News, where she translates complicated business and economic news into understandable, relatable topics for everyday viewers and listeners. She covers the economy, markets, investing and anything else with a dollar sign on TV, on the "Jill on Money" podcast, radio (including her nationally syndicated show, "Jill on Money," which won the 2018 and 2021 Gracie Award for Best National Talk Show), the web and her blog, "Jill on Money." Jill also won a 2018 Personal Finance Reporting Award from the Radio Television Digital News Association (RTDNA)/National Endowment for Financial Education (NEFE).
Prior to her second career at CBS, Schlesinger spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.
Schlesinger's second book, "The Great Money Reset," was published in January 2023 by St. Martin's Press and her first book, "The Dumb Things Smart People Do With Their Money," was published in February 2019 by Ballantine Books.
If you're in your 40s, paying for a child's college should take a back seat to protecting your own savings, financial experts say.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
About one in five people over age 65, or approximately 11 million Americans, are still working.
45 million student loan borrowers must start repaying loans on October 1.
A growing number of shoppers will be supporting their independent neighborhood bookstores on Small Business Saturday
Many people admit they should have started saving years ago, but it's not too late to invest in the future
It's a matter of survival for some retailers in a year when dozens of major chains closed more than 5,000 stores
The era of working for one company and retiring with a gold watch has gone the way of the Edsel
Connecticut and seven other states have recently passed legislation to help private sector workers get a retirement plan
When times get tough, more and more Americans are tapping into their 401(k) retirement plans -- and paying a big penalty
More than 121 million people plan to shop from home and work during this year's Cyber Monday, which is expected to be the biggest online shopping day ever
Creating profiles on social networks seen as a must to attract attention of job recruiters
Millennials aren't too bad at saving but many are avoiding one key tenant of financial stability
The weak May jobs report and the three-year anniversary of the Great Recession's end make it a good time to rate the recovery
The economy created just 88,000 jobs in March and the unemployment rate dipped to 7.6 percent