- Student Loan Debt Is Keeping Adult Kids From Leaving the Nest
- The Crime Americans Worry About Most Is the Hacking a Credit Card
- 64 Countries Have a Smaller Gender Pay Gap Than the US, Study Says
- Does Money Lingo Make Your Head Spin? Here’s What It Really Means
- Budget from 1987 Tells the Tale: Americans Are Severely Underpaid
- Trick-or-Treaters Want Cash, Not Treats
- Fast-Food Workers (McDonald’s Included) Earn $20 an Hour in Denmark
- Delinquent Doctors Publicly Outed for Unpaid Student Loans
A new survey finds only 13 percent of Americans are confident they’ve built a nest egg large enough to see them through. More shocking: “29% of workers have less than $1,000 saved, and 43% have less than $25,000” CNN Money reports.
You’re not actually rich until you have $7.5 million in assets, says a recent survey of investors with more than $1 million in savings. Two-thirds “said they were ‘extremely or very concerned’ about the impact of potential tax changes on their investments,” Reuters reports.
Economists believe rebuilding efforts may actually spur growth in Japan over the long term. But while “the government’s reconstruction should boost growth, it will add to Japan’s public debt, the world’s largest at 200% of gross domestic product,” USA Today reports.
Taxes are tricky business, and some recent changes are confusing consumers. These include rules on home-buying and energy credits, unemployment-based deductions, and IRA conversions. But you have a few extra days to figure things out this year, MSNBC notes, “because of the Emancipation Day holiday in the District of Columbia, the deadline for submitting tax returns is April 18 for everyone.”
Vacancy rates are starting to drop, which means demand — and rates — may be headed higher. While average national rates might rise 10 percent, some cities could see more marked increases over the next year, such as “in Boston, they may jump between 25% and 30%,” CNN Money reports.