Few issues unite millennials like the future of Social Security. Overwhelmingly, they’re convinced it doesn’t have one. A recent Transamerica survey found that 80% of millennials, defined in the survey as people born between 1979 and 2000, worry that Social Security won’t be around when they need it. That’s not surprising — for years, they’ve … Continued
Believing that fraud can’t happen to us — because we’re too smart, logical or informed — may make us more vulnerable. Successful scam artists skillfully overcome our defenses and get us into emotional states that override logical thinking, says Kathy Stokes, AARP’s director of fraud prevention programs. “Scammers call it getting the victim under the … Continued
Sometimes good enough is good enough. In a world of information overload, it’s common to feel angst when making choices. You never know whether you’re making the best one. Call it optimizer guilt. And it can be especially prominent in choosing financial products, which can be opaque and confusing: Do I have the best credit card? What … Continued