Nonpartisan group calls for national long-term care plan
With millions of baby boomers and their children at risk of being devastated by long-term care costs, a nonpartisan group announced Monday that it is pushing for a new national...
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Sticking to the 80 percent rule in retirement is easier than you think
It was a sight to behold. Each time you looked at your 401(k) over the last few years, it probably became increasingly reassuring. The message: "Sure you can retire soon,"...
Can you trust your financial adviser?
After the recent 20 percent plunge in the global stock market, individuals have been second-guessing themselves, wondering if they are handling their money right or whether their financial advisers are...
Social media push seeks underwater borrowers for refinancings
The Chicago area still has more people with burdensome mortgages backed by Fannie Mae and Freddie Mac than any other metro area, and with a government-backed refinancing program ending in...
For some investors, selling in a bear market isn’t such a bad idea
The bear market is back, ripping apart your 401(k) and perhaps disturbing your dreams for the future. People who promised themselves they would never let their money be devastated again...
Downtown condo prices rise above peak 2008 levels, report says
Both renters and condo buyers are facing rising prices in the downtown area, as new rental buildings are priced for luxury and existing condos are finally being sold at prices...
Global stock index enters bear market territory
The world is in a bear market, or a plunge in stocks of 20 percent. In the U.S., the Dow Jones industrial average and the Standard & Poor's 500 index...
America has a problem with trust, and it’s getting worse
Americans are in no mood to accept happy talk. Most of them have become deeply distrustful — distrustful of government, distrustful of financial companies, distrustful of employers and distrustful of...
Furniture retailers on a Chicago-area expansion kick
After a dramatic plunge in sales during the housing recession and a slow recovery since 2009, national furniture store chains are expanding aggressively in preparation for new household growth, and...
Blacks participating more in stock investing, study shows
Long fearful of the stock market, black Americans generally have stayed clear of stocks and mutual funds for generations, and consequently many with solid incomes have lagged far behind whites...