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6/11/2014 - Few Participants Examine Retirement Health Care Costs (PlanAdvisor)

Nearly three-quarters (71%) of affluent pre-retirees have not determined their most sensible Medicare option. This is according to a report just issued by Cogent Reports, based on a survey of 890 plan participants by Market Strategies International. Read the full article at PlanAdvisor.

6/11/2014 - SEC ‘Drilling Down’ on Compliance Programs; Wedbush a ‘Critical Case’ (ThinkAdvisor)

The Securities and Exchange Commission’s Enforcement Director Andrew Ceresney said Wednesday that the division’s asset management unit and broker-dealer task force has been “drilling down” over the past year on firms’ compliance programs as well as being “very focused” on investment advisory fraud and making sure advisors are fulfilling their fiduciary duties. Read the full… Read more 6/11/2014 - SEC ‘Drilling Down’ on Compliance Programs; Wedbush a ‘Critical Case’ (ThinkAdvisor)

6/10/2014 - Surprise: Even wealthy retirees live on Social Security and pensions (Reuters)

Where do affluent retirees get their income? Portfolios invested in stocks and bonds, you might think – but you’d be wrong. Turns out many are living mainly on Social Security and good old pensions. Read the full article at Reuters.

6/8/2014 - There’s no one-size-fits-all retirement solution (MarketWatch)

Two type of retirees represent the traditional old-world model and account for 50% of those surveyed in Vanguard’s research. These types of retirees rely on Social Security and defined-benefit pensions as their main source of income in retirement. By contrast, new-world retirees fall into four groups, two of which are the risk takers and two… Read more 6/8/2014 - There’s no one-size-fits-all retirement solution (MarketWatch)

6/6/2014 - Financially Literacy Helps Boost Annual Returns 13% (Financial Advisor)

The knowledge that the financially literate have produces a 13 percent annual gain on investments over results experienced unsophisticated adults, a new study for the Wharton School’s Pension Research Center shows. Read the full article at Financial Advisor.

6/5/2014 - Many want to work in retirement but not full-time (USA Today)

In their ideal retirement, the majority of pre-retirees (72%) would like to work, a new survey shows.But they don’t want full-time jobs. About 35% of pre-retirees, 50 and older, want to work part-time in retirement; 33% would like to rotate between periods of working and leisure time; 5% want to work full-time; and 28% never… Read more 6/5/2014 - Many want to work in retirement but not full-time (USA Today)

6/4/2013 - Most Americans struggle to save for retirement (CBS News)

The idea of retirement in the U.S. often conjures up images of fit seniors strolling along the beach, enjoying a leisurely round of golf or perhaps sharing a meal in an exotic locale. For most people, however, the reality is far less glamorous. Seven of 10 Americans who haven’t retired yet find it hard to… Read more 6/4/2013 - Most Americans struggle to save for retirement (CBS News)

6/3/2014 - What to Do With 'Orphaned' 401(k)s (U.S. News & World Report)

Do you have custody of your nest egg? A 2013 survey by ING Direct USA showed that half of American adults who participated in an employer-sponsored retirement plan, such as a 401(k), have left an account at a previous employer. These “orphaned” retirement accounts represented more than $1 trillion in investment dollars in 2010. Read… Read more 6/3/2014 - What to Do With 'Orphaned' 401(k)s (U.S. News & World Report)

5/30/2014 - ‘My Social Security’ makes retirement planning easier (MarketWatch)

Social Security retirement benefits are one third or more of the income most Americans receive in retirement, yet surprisingly few are using Social Security account data for retirement planning. This information is critically important in making an informed decision about when to take benefits and whether strategies such as ‘ file and suspend ‘ are… Read more 5/30/2014 - ‘My Social Security’ makes retirement planning easier (MarketWatch)

5/30/2014 - Vital retirement lessons from the 1950s (MoneyWatch)

If aging baby boomers were suddenly transported back to the 1950s and had to retire in that era, chances are very good chance they’d feel deprived. The numbers show that retirees in the ’50s had substantially fewer financial resources compared to today’s retirees. Yet the stories about retirees from that time show they lived their… Read more 5/30/2014 - Vital retirement lessons from the 1950s (MoneyWatch)