We Need to Talk About Retirement in Colorado
Whether you're just starting out or getting closer to the end of your career, saving for retirement must be a priority for all Coloradans.
Whether you're just starting out or getting closer to the end of your career, saving for retirement must be a priority for all Coloradans.
Outstanding student loan debt now totals $24.75 billion across the state, outpacing all other debt outside of mortgages. Adding insult to injury, federal student loan servicers often operate deceptively to collect on these debts.
The recent Equifax data breach, in which thieves stole the names, Social Security numbers, birth dates, and addresses of 147.9 million Americans, makes abundantly clear the need to better protect our most sensitive data.
Building wealth is difficult enough, but high-cost lenders, check cashers, and pawn shops that offer predatory loans strip families of savings and make economic mobility even harder.
We can raise the economic floor, build a diverse and thriving middle class, and embrace innovation in Colorado, but we need facts and ideas to change our trajectory. This guide provides just that.
While income determines how families meet basic needs, building assets is one of the key drivers to help families move into the middle class and build a stable and prosperous economic future.
Millennials are living paycheck to paycheck, making saving and paying down debt not an easy task.
Without the CFPB forced arbitration rule, power will remain with big banks and Wall Street. With it, the CFPB rule will hold bad actors accountable and send a strong signal to other firms to not follow suit.
In a 2016 study, we found almost 900,000 Colorado private sector workers in their prime working years are not participating in any type of retirement savings plans at work.
The most effective way to ensure that Coloradans are not hounded for debts they do not owe, have contested, or paid off is to require debt collectors meet a “proof of debt” standard before attempting any collection action.
