The Coming Baby Boomer Retirement Crisis? Avoid Early Withdrawal Traps

Between 1946 and 1964, more than 76 million American children were born. The first of these "Baby Boomers" begin to reach the historic retirement age of 65 in 2011. By 2030 all boomers will be over 65 and will represent an estimated 20 percent of the population. Two recent reports point...

Heidi and Spencer’s Debt and Bankruptcy Problems Not Uncommon

The news that reality television stars, Heidi Montag and Spencer Pratt, are broke and contemplating filing for bankruptcy should not be too surprising. As with many people who encounter rapid wealth at a young age, Heidi and Spencer have fallen into three of the more common debt traps that send many...