mbeals

6/17/2013 - The 50 best employers for boomer workers (Wall Street Journal)

For the 22 million people who are currently unemployed, underemployed or have given up on finding work, the perks offered by the 50 companies on AARP’s list of best employers may seem like a sort of mirage. Read the full article at The Wall Street Journal.

6/13/2013 - Father of modern 401(k) says it fails many Americans (American Public Media Marketplace)

Ted Benna — also known as the father of the 401(k) — is a decidedly un-Wall Street guy. He grew up on a Pennsylvania dairy farm. “Hey, if I were starting over from scratch today with what we know, I’d blow up the existing structure and start over,” he says. “What I’m talking about isn’t… Read more 6/13/2013 - Father of modern 401(k) says it fails many Americans (American Public Media Marketplace)

6/5/2013 - Report: Entitlement changes to put seniors at financial risk (Washington Post)

Nearly half of the nation’s elderly population is “economically vulnerable” and would be particularly hard hit by even modest changes in the Social Security and Medicare programs being considered to slow the growth of the nation’s long-term debt, according to a new report. Read the full article at The Washington Post.

6/4/2013 - Pension Plans Beat 401(k) Savers Silly -- Here's Why (Forbes)

If you were aiming to save enough money to retire, really retire, and feel secure in your old age, would you be better off in a traditional pension plan? Sure, but not for the reason you think. Read the full article at Forbes.

6/4/2013 – Federal workers could enjoy a ‘phased retirement’ from the office (Washington Post)

With their pay frozen and reduced by furloughs and their credibility at times questioned, you’d think federal employees would dash for the door as soon as they were eligible to retire. Instead, many have pushed for a way to hang around the workplace a little bit longer, to ease into retirement while transferring their skills… Read more 6/4/2013 – Federal workers could enjoy a ‘phased retirement’ from the office (Washington Post)

5/30/2013 - Boomers aren't working forever, after all (Reuters)

Baby boomers have been talking a good game for years about working longer and reinventing the last third of life. Now that it’s game time, their retirement decisions look somewhat conventional. Read the full article at Reuters.

5/30/2013 - Variation In Medicare Costs Is Mainly Due To Post-Acute Care (Forbes)

Health policy wonks have been pointing for a while now to large variations in Medicare spending across different parts of the country. Live in Miami, and the government is probably going to spend a heck of a lot more for you on Medicare than if you live in Minneapolis, even after accounting for how healthy or… Read more 5/30/2013 - Variation In Medicare Costs Is Mainly Due To Post-Acute Care (Forbes)

5/28/2013 - Why Gen X And Late Boomers Aren't On Track For Retirement (Forbes)

According to a recent study, Gen X and late baby boomers are on track to replace only about half of their current income when they reach retirement — which means they’ll need to seriously downgrade their lifestyles. Most financial planners recommend replacing, at the very least, 70% of one’s income. Read the full article at… Read more 5/28/2013 - Why Gen X And Late Boomers Aren't On Track For Retirement (Forbes)

5/28/2013 - Long-term care: Investigate your options early (USA Today)

Karen Thomas has learned the hard way about the harsh realities of long-term care. Three years ago, her mother was diagnosed with Alzheimer’s and the doctor said she could not return home. “I had never given it a thought that my mom one day would need long-term care,” says Thomas, who lives in Atlanta. “I’m… Read more 5/28/2013 - Long-term care: Investigate your options early (USA Today)

5/23/2013 - Three in Four U.S. Workers Plan to Work Past Retirement Age (Gallup)

Three-quarters of U.S. adult workers believe they will continue working past retirement age, with 40% saying they will do so because they want to, and 35% because they will have to. A much smaller percentage — 19% — fit the prototypical retirement scenario of someone who plans to stop working at retirement age by choice.… Read more 5/23/2013 - Three in Four U.S. Workers Plan to Work Past Retirement Age (Gallup)