• New financial apps demystify stocks and bonds for Latinos

    5 monthes ago - By Chron

    NEW YORK - Carlos Garcia was three years into his first job in technology at Merrill Lynch when he first learned what a 401K retirement savings account was. He was floored when he learned that a colleague had already saved $30,000 in three years, and the company had matched it.
    The concept of making money off money was foreign to Garcia, an MIT graduate who was born in Texas to immigrants from Mexico. His story is not uncommon among U.S. Hispanics, who lag behind other demographic groups when it comes to saving for retirement. But for Garcia, the episode became the inspiration many years...
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  • The Journey: Retirement savings languish for women

    The Journey: Retirement savings languish for women

    5 monthes ago - By Stl Today

    Where were you, financially speaking, five years ago? Since 2013, millennials' retirement savings have nearly doubled, while baby boomers and Gen Xers have seen their median retirement accounts surge by 60 percent, according to a new survey by the Transamerica...
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