Chart: Young Adult Milestones, 1975 vs. 2016


The following pie charts compare four common milestones of adulthood — getting married, having children, working, and living independently — achieved by young adults ages 25 to 34 in 1975 and 2016. The data indicates that the experiences of young people today are more diverse, with fewer accomplishing all four milestones in young adulthood. Instead, many young adults are delaying or forgoing some experiences (marrying and having children) in favor of others (living independently and gaining work experience).


Chart: Young Adult Milestones, 1975 vs. 2016

How do the economic milestones of young adults today compare with prior generations?


How do the economic milestones of young adults today compare with prior generations?If you’re the parent of a young adult who is still living at home, you might be wondering whether this situation is commonplace. According to a recent U.S. Census Bureau study, it is: One in three young people (ages 18 to 34) lived in their parents’ home in 2015.


The Census Bureau study examines how the economic and demographic characteristics of young adults have changed from 1975 to 2016. In 1975, for example, less than one-fourth of young adults (ages 25 to 34) had a college degree. Young adults in 2016 are better educated — more than one-third hold a college degree (or higher) — but student loan debt has made it more difficult for them to obtain financial stability, let alone establish homes of their own in their 20s.


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Kickstart Your College Fund with a 529 Plan


Kickstart Your College Fund with a 529 PlanIf you’re looking to save money for college, one option to consider is a 529 college savings plan. Created over 20 years ago and named after the section of the tax code that governs them, 529 plans offer a unique combination of features that have made them the 401(k)s of the college savings world.


How do 529 plans work?


529 college savings plans are individual investment-type accounts specifically made for college savings. People at all income levels are eligible. Plans are offered by individual states (you can join any state’s plan) but managed by financial institutions designated by each state.


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Test Your Investing IQ

Test Your Investing IQ

How much do you know about market basics? Put your investing IQ to the test with this quiz on stocks, bonds, and mutual funds.




1. What does it mean to buy stock in a company?

   a. The investor loans money to the company

   b. The investor becomes a part owner of the company

   c. The investor is liable for the company’s debts


2. Which of the following statements about stock indexes is correct?

   a. A stock index is an indicator of stock price movements

   b. There are many different types of stock indexes

   c. They can be used as benchmarks to compare the performance of an individual investment to a group of its peers

   d. All of the above


3. What is a bond?

   a. An equity security

   b. A nonnegotiable note

   c. A debt investment in which an investor loans money to an entity


4. What kind of bond pays no periodic interest?

   a. Zero-coupon

   b. Floating-rate

   c. Tax-exempt


5. What is a mutual fund?

   a. A portfolio of securities assembled by an investment company

   b. An investment technique of buying a fixed dollar amount of a particular investment regularly

   c. A legal document that provides details about an investment


6. What is the difference between mutual fund share classes?

   a. The investment advisers responsible for managing each class

   b. The investments each class makes

   c. The fees and expenses charged by each fund class


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Working in Retirement: What You Need to Know


Working in Retirement: What You Need to KnowPlanning on working during retirement? If so, you’re not alone. Recent studies have consistently shown that a majority of retirees plan to work at least some period of time during their retirement years. Here are some points to consider.


Why work during retirement?


Obviously, if you work during retirement, you’ll be earning money and relying less on your retirement savings, leaving more to grow for the future. You may also have access to affordable health care, as more and more employers offer this important benefit to part-time employees. But there are also non-economic reasons for working during retirement. Many retirees work for personal fulfillment, to stay mentally and physically active, to enjoy the social benefits of working, and to try their hand at something new.


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