Bill Brancaccio

College Loan Confusion

College Loan Confusion College students have steep learning curves. In high school, they were tasked with doing well academically, participating in extracurricular activities, complying with the rules of their parents’ homes and, possibly, having a job. At college, they must decide what to study, how many credits to take, and other important decisions, while adapting …

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Should I Retire Early?

Americans are choosing to retire early. Economists Olivier Coibion, Yuriy Gorodnichenko, and Michael Weber associated with the National Bureau of Economic Research (NBER) have been comparing data gathered in January and April 2020 to learn how labor markets were affected by the crisis.1 They shared their work in Labor Markets During the COVID-19 Crisis: A Preliminary …

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Are You Ready to Retire?

There is a simple and unsettling reality in the United States. Most Americans are not financially prepared for retirement. Some are completely unprepared. The Employee Benefits Research Institute (EBRI)’s 2020 Retirement Confidence Survey found almost half (41 percent) of workers have less than $50,000 in personal savings and investments, and about 18 percent has less than $1,000.1 …

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