borges

5/12/2013 - Market rebounds, but retirement confidence doesn't (Philly.com)

Workers appear to have little faith that the economic recovery and the stock market’s climb have left them better prepared for retirement. Confidence in the ability to afford a comfortable retirement remains at the same record low level recorded in 2011, and is slightly lower than last year, according to the Employee Benefit Research Institute,… Read more 5/12/2013 - Market rebounds, but retirement confidence doesn't (Philly.com)

5/12/2013 - Annuities regain a bit of luster as retirements get longer (Boston Globe)

Oft maligned for high fees and low returns, annuities have long been viewed as an option reserved for the stodgiest of investors. Today, however, annuities are making a comeback as a savvy retirement planning vehicle. What’s changed? People are realizing they could live a very long time. With one in eight 65-year-old men and one… Read more 5/12/2013 - Annuities regain a bit of luster as retirements get longer (Boston Globe)

5/6/2013 - Americans' Perspective on New Retirement Realities and the Longevity Bonus (Merrill Lynch)

With people living and often working longer than any preceding generation, this study examines their perspectives about preparing for retirement and living the best life that they can during their later years. How are people adjusting to this great life transition in today’s environment? How have their attitudes about retirement shifted in response to new… Read more 5/6/2013 - Americans' Perspective on New Retirement Realities and the Longevity Bonus (Merrill Lynch)

4/29/2013 - Adjustable pension plan design begins to gain converts (Pensions & Investments)

A new pension plan design that allows employers to drastically reduce their risk while still providing lifetime income to participants is gaining support as an alternative to moving employees into a defined contribution plans. The adjustable pension plan was conceived by Richard Hudson, principal consulting actuary at Cheiron Inc., New York. Its key difference from… Read more 4/29/2013 - Adjustable pension plan design begins to gain converts (Pensions & Investments)

4/29/2013 - Women Want More - Desire for Financial and Retirement Planning Knowledge Nearly Doubles Since 2006 (Allianz Life)

More than six in ten women (62%) said they have an interest in learning about financial planning, retirement planning and investing according to the 2013 Women, Money & Power Study* from Allianz Life Insurance Company of North America (Allianz Life), nearly double the amount (35%) who indicated interest in these topics during the original study… Read more 4/29/2013 - Women Want More - Desire for Financial and Retirement Planning Knowledge Nearly Doubles Since 2006 (Allianz Life)

4/27/2013 - Women need to plan for a longer post-work life than men (Washington Post)

Facebook Chief Operating Officer Sheryl Sandberg’s exhortation for women to “lean in” to their careers has encountered more than a bit of push back. But if there is one thing women need to seriously lean into, it is planning for what comes after the career: a long post-work life. Granted, retirement planning is challenging for… Read more 4/27/2013 - Women need to plan for a longer post-work life than men (Washington Post)

4/25/2013 - What's Blowing Up Retirement (Wall Street Journal)

Research released today confirms that debt threatens to be a retirement time bomb. About half of 526 retirees surveyed last month said that they carried debt into retirement. About half of those in debt owed at least $25,000, and one in five owed at least $100,000, according to Securian Financial Group, a St. Paul, Minn., financial-services… Read more 4/25/2013 - What's Blowing Up Retirement (Wall Street Journal)

4/24/2013 - Best financial decision? Paying off mortgage (MarketWatch)

Quick, what’s the best money move you ever made? For 40% of people aged 55 and older, it was paying off their mortgage, according to a Harris Interactive survey of about 1,540 people for Northwestern Mutual, an insurance and financial-services firm. And 40% of the over-55 group also said starting to save early was one… Read more 4/24/2013 - Best financial decision? Paying off mortgage (MarketWatch)

4/24/2013 - Poll: Aging US in denial abou long-term care (Boston.com)

We’re in denial: Americans underestimate their chances of needing long-term care as they get older — and are taking few steps to get ready. A new poll examined how people 40 and over are preparing for this difficult and often pricey reality of aging, and found two-thirds say they’ve done little to no planning. In… Read more 4/24/2013 - Poll: Aging US in denial abou long-term care (Boston.com)

4/19/2013 - Cash Balance Plans Could Overtake 401(k)s (Plansponsor)

Cash balance plans are growing in popularity and could overtake 401(k) retirement plans within the next few years, according to research from Sage Advisory Services. Read the full article at Plansponsor.