Market volatility is high and interest rates are at a historical low, in reality zero. The Internet Age has surrounded you with conflicting information regarding investment decisions, making them difficult enough on their own but with non-existent interest rates and ever-changing markets, making the right long-term investing decisions simply becomes an uphill battle. Due to the near zero percent interest rates pilots are seeing on their savings, expected returns on other inve

With interest rates at historic lows, relying solely on a savings account, CDs, treasuries, or any other secure fixed interest bearing investment for retirement is not a good plan. If you are lucky enough to have a pension plan, you may think this solves your retirement problem—don’t be so sure. Pensions are great, but they are frequently insufficient. The truth is, you need to set up your own diversified retirement plan, and here are five reasons why. 1. Companies Go Bankrup

In the US, EU, Japan, and UK, central banks are keeping interest rates at near zero percent. In more than a dozen developed countries the rate is actually negative. Interest rates are at historic lows in most developed economies, and despite some marginal rate hikes recently, these low rates will likely continue for some time throughout the developed world.Interest rates are one of the most influential factors in the economic system. Interest rates affect all types of financi

In today’s consumer world, we are constantly bombarded by ads, sales pitches, and media pressure to dress according to trends and buy what is fashionable. It is easy to cave to these influences without thinking about the impact your purchases have on your finances. But, by spending less you can save more money for your future. Planning for retirement is something everybody should start doing early in life. If you are in your 30s or 40s, you may feel like you don’t need to thi

It's hard to imagine not having a pension after working for so many years, but that's the kind of situation many pilots face today. You could easily lose some of your hard earned pension benefits, especially if your company files for bankruptcy. How Safe is Your Employer's Pension Benefit? You may be surprised to learn that employer's pension plans are at risk all the time due to cash-strapped airlines dipping into these funds to ensure that their business continues without t

Retirement planning is becoming more complex as time progresses. The days of relying on social security payments from the government as the sole means of support during one's golden years are long gone. Nowadays, people need a variety of retirement funds from pensions to personal savings and social security to enjoy a comfortable lifestyle after leaving the working world. The Time to Start Planning is Now Do not wait for your employer or the government to take control of your