When the Cost of Living Skyrockets, Teachers Can’t Live Where They Work

You might think that teachers have a pretty good deal, getting the summer off and 12 months of pay to boot, but teachers' compensation is pretty low, especially when it's compared with other professions that require similar levels of education and training. Other public servants, like police officers and firefighters, also opt into a career that, despite its importance, leaves something to be desired in the salary department. But, shouldn't teachers and all public servants who work tirelessly and selflessly to better communities be able to afford to live in the area where they work? Here are a few things to think about.

The 4 Worst Cities to Retire

There may be something of a retirement crisis in America. Due to a strained economy, high education costs, and fewer companies offering retirement accounts to employees, workers are expecting to retire later than they used to. But, for at least a decade, folks have tended to leave their working lives behind sooner than they expected – often due to health problems or some other factor. Now, although the expected retirement age is 66, the average age for making the move is actually 62. The crisis then is pretty clear – a lot of folks are retiring without quite being able to afford to do so.

The 4 Best Cities to Retire

Retirement can be one of the greatest times of our lives, and making smart decisions about how and where to spend those years can make all the difference in the world. You want to retire somewhere safe, somewhere lovely ... plus, wherever you choose needs to have solid healthcare options and, perhaps most importantly, a cost of living that you can afford.

Just What Does a 6-Figure Salary Get You?

Once the definition of success, earning $100,000 or more per year doesn't automatically mean you've made it to easy street these days. As kids in the '80s (or earlier), we might have thought that amount was akin to a million dollars, but now, a six-figure income doesn't mean as much as it used to. What happened? Inflation, for one.

The Youngest Generations Are the Most Worried About Retirement

Historically, most people didn't even think about their retirement until they were practically knocking on its door. But then again, there was a time when most people earned a living working the land, and the chances were pretty good that their children would assume their duties as they aged. There was also a time, more recently, when pensions dominated professionals' visions of retirement, rather than the 401Ks of today, and the cost of living was far less. Not to mention, the cost of health insurance....