A 2019 Retired Couple Needs $285,000 to Cover Medical Expenses

A 65-year-old couple retiring in 2019 can expect to spend about $285,000 in health care and medical expenses throughout retirement, which is $5,000 more than 2018, according to Fidelity Investments annual report.

For single retirees, the health care cost estimate is $150,000 for women and $135,000 for men. Fidelity says their estimate assumes both members of the couple are eligible for Medicare.

Fidelity suggests people practice good saving habits in order to save enough for retirement, including getting up to speed with Medicare and learning about what it costs and cover and speaking to a financial professional for guidance.

Places Where You Can Bring Your Dog to Work

Most dog lovers would love to bring their dog to work with them. After all, studies have proven dogs can reduce stress and make employees more productive. But, the problem is not every employer has a dogs are welcome policy. So in case you are looking for a new job here are a few places that allow dogs at work, according to a list compiled by GoBankingRates.com:

Amazon at the Seattle, Washington headquarters. The online retailer is very dog friendly, on any given day there could be up to 6,000 dogs on campus.

Ben & Jerry’s in South Burlington, Vermont has a “K9-5ers” group that show up to work everyday.

Bisell, which is known for its pup mess cleaning products allows doggies at their Grand Rapids, Michigan office.

Build-A-Bear-Workshop. The Build-A-Bear World Bearquarters in St. Louis, Missouri is dog friendly.

Clif Bar in Emeryville, California opens their doors to dogs at work everyday.

Etsy, an online store that allows people to sell their handmade goods, has had a dog-friendly policy since it was founded in 2005.

FabFitFun. The subscription box company in Los Angeles, California allows pups at work.

GlassDoor, based in Mill Valley, California, is a website where current and former employees anonymously review companies and their management. GlassDoor’s employees can bring their pups to work alongside them.

Google’s headquarters in Mountain View, California are dog-friendly, but not cat-friendly. They say dogs are an integral part of their corporate culture.

Kabbage, a company that offers small business loans, based in Atlanta, Georgia, is so dog-friendly you will see pets at lunch, in team meetings, or at their company-wide Town Hall meetings.

Kimpton Hotels. Guests are allowed to bring their dogs to all their hotels and so are the employees. Many of their hotels even have their own “director of pet relations.”

PetSmart. This one isn’t so surprising...but at PetSmart’s headquarters in Phoenix, Arizona employees can bring their dogs to work. The campus even has a dog park, a dog fitness center, a dog cafe and Halloween costume contests for dogs.

Purina, the maker of dog food, allows dogs at work. They’re based in St.Louis, Missouri.

Salesforce.com, a cloud-based software company headquartered in San Francisco, California says yes to pups to works. They have a “Puppyforce” room where employees can have a desk all to themselves and their dogs.

Sugarfina, a luxury candy store, based in El Segundo, California is not only dog-friendly, but they’ve got some pawsome perks, like “pawternity leave” for new puppy parents.

Ticketmaster based in Hollywood, California is dog-friendly and employees are allowed to get pet insurance from the company.

Tito’s Handmade Vodka. The phrase they repeat at the Austin, Texas based company is “Take Your Dog to Work Everyday.”  

Tradesy, a consignment marketplace for luxury apparel, allows dogs at its Santa Monica, California headquarters.

WeWork, a company that provides shared workspaces for tech startups, has dog-friendly headquarters in New York. The dogs there have their own hashtag, #dogsofwework. Workday is an enterprise resource planning platform, with offices in Pleasanton, California; Salt Lake City; and Victoria, British Columbia. Besides being dog-friendly, they have special “Bring Your Dog to Workday” party in the Pleasanton office every year.

That’s the list! Maybe this will help you find your next job...with your pup by your side, of course.

Most U.S. Households Facing Retirement Have Low Savings, Finds a Federal Study

Most U.S. households facing retirement have low savings, finds a U.S. Government Accountability Office report.

The percentage of households 55 years and older with no retirement savings was nearly half at 48 percent in 2016. The percentage of those with retirement savings, but no defined benefit plan was 26 percent. The percentage of those with retirement savings and a defined benefit plan was 26 percent.

The good news is the percentage of people without retirement savings has decreased since 2013.

58% of Millennials Actively Saving for Retirement, Contrary to Popular Belief

Millennials get a bad rap - apparently, those of Generation Y don’t know how to save for retirement and are good at wasting money. That’s not true, according to a recent LendEDU study. Their newest Millennial study found 58 percent of Millennials are saving for retirement through an investment account, like a 401(k) or IRA.

Age was the biggest factor impacting how much Millennials were saving for retirement. The older a Millennial is, the more likely they are to have saved more for retirement.

The survey also found 30 percent of Millennials invest through a personal brokerage account outside of their retirement account. Out of those who invested in the stock market, most of their money went to three sectors - financial, technology and healthcare.

More Baby Boomers Say College Debt Keeps Them From Meeting Financial Goals Than any Other Generation

The cost of college in the U.S. has risen nearly 400 percent since 1990 and 29 percent of the working population are dealing with college debt, finds a report from the Guardian Life Insurance Company of America. Researchers found late Baby Boomers, those 54 to 60 years of age, are more likely to say that college debt is a major barrier to meeting their financial goals than any other generation.

52 percent compared to the next closest generation - early Millennials, those 30 to 37 years of age - at 38 percent.

The report also found less than 10 percent of employers offer college savings or debt-related benefits, but the good news is seven in ten employers say improving their workers’ financial wellness is a top objective.