mbeals

10/22/214 - US seniors face student loan debt (BCC News)

Around the world, student debt is a financial burden for millions – and in the US, a growing number of senior citizens are still repaying the cost of their education into retirement age. Read the full article at BBC News.

10/21/2014 - Why 'Retirement' Is A Dirty And Dangerous Word (Huffington Post)

Retirement has gone from being an expected right and privilege to a broken promise and a cruel joke. No use crying over spilled milk, but let’s stop talking about Retirement as if it’s going to happen — or at least as if it’s going to happen the way they told us it was going to… Read more 10/21/2014 - Why 'Retirement' Is A Dirty And Dangerous Word (Huffington Post)

10/15/2014 - How to find your passion after you retire (USA Today)

Many people want to continue working well beyond the traditional retirement age, and to do that they’re finding new creative ways to stay employed in not just one new career, but two, three or more careers. Read the full article at USA Today.

10/15/2014 - Seniors lose average of $30,000 to financial scammers (CNN Money)

According to a recent survey of 2,000 seniors and other adults by Allianz Life Insurance Co., elderly victims reported losing an average of $30,000, while some suffered losses of more than $100,000. Read the full article at CNN Money.

10/14/2014 - Why You Should Still Save When in Debt (U.S. News & World Report)

The shackles of debt seem to be a bonding force for many millennials around the country, but it isn’t just Gen Y that is attempting to pay off lenders. Debt is a national problem spanning all generations. To many, it may feel nonsensical to save money while in debt, but it’s an important part of… Read more 10/14/2014 - Why You Should Still Save When in Debt (U.S. News & World Report)

10/9/2014 - Here’s the Only State Where Retirees Have Enough Income (Money)

Just one state plus the District of Columbia have typical retirees with more than 70% of pre-retirement income. Traditional pensions and low cost of living make a difference. Read the full article at Money.

10/8/2014 - How best to generate lifetime retirement income? (Market Watch)

One of the most important retirement planning decisions you’ll need to make is how you’ll use your 401(k), IRA or other retirement savings to generate a lifetime retirement paycheck. This task is particularly critical if you haven’t earned a significant lifetime pension from your employer, a situation many people are in these days. Read the… Read more 10/8/2014 - How best to generate lifetime retirement income? (Market Watch)

10/7/2014 -The Great Wage Slowdown of the 21st Century (NY Times)

American workers have been receiving meager pay increases for so long now that it’s reasonable to talk in sweeping terms about the trend. It is the great wage slowdown of the 21st century. I probably don’t need to persuade most readers of this view, so the better way to think about the issue may be… Read more 10/7/2014 -The Great Wage Slowdown of the 21st Century (NY Times)

10/6/2014 - 4 scams that target boomers (MarketWatch)

If Willie Sutton were alive today, he would probably skip banks and head straight for older Americans and their retirement savings. Because for scammers, “That’s where the money is.” While there is some question whether Sutton, a prominent bank robber in the mid-20th century, actually said those infamous words, there’s little doubt that households approaching,… Read more 10/6/2014 - 4 scams that target boomers (MarketWatch)

10/3/2014 - The anti-retirement plan: Working 9-to-5 past 65 (WashingtonPost)

Paul Hyman doesn’t much care for golf or beach resorts. He doesn’t have a boat and isn’t any good at painting. Hyman is among a growing group of people working full time beyond age 65, generally considered full retirement age. As of September, 60 percent of workers age 65 and older had full-time jobs, up… Read more 10/3/2014 - The anti-retirement plan: Working 9-to-5 past 65 (WashingtonPost)