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4/19/2013 - Budget Negotiating Chip Has Big Downside for Old and Poor (New York Times)

President Obama has put Social Security on the table in an attempt to reach a bipartisan agreement on the federal budget deficit, a move that would hit the program’s beneficiaries when they are at their most vulnerable. The president has proposed slowing the rate at which benefits increase over time, a change that would ultimately… Read more 4/19/2013 - Budget Negotiating Chip Has Big Downside for Old and Poor (New York Times)

4/18/2013 - Singles swing into retirement with little savings (MarketWatch)

If you think it’s hard saving for retirement as a couple, trying doing it as a single. According to a study—described by one expert as the most intriguing of 2012—the amount of money singles in their late 60s have saved up for retirement is dramatically less than that of married-couple households. In fact, the median… Read more 4/18/2013 - Singles swing into retirement with little savings (MarketWatch)

4/17/2013 - Is there really a retirement savings crisis? (MarketWatch)

I personally believe, and more importantly all the work done at the Center for Retirement Research at Boston College suggests, that households are going to face real challenges in retirement.  Our National Retirement Risk Index projects that 53% of today’s working households are not going to be able to maintain their standard of living once… Read more 4/17/2013 - Is there really a retirement savings crisis? (MarketWatch)

4/14/2013 - As America Ages, Shortage of Help Hits Nursing Homes (Wall Street Journal)

WOODLAND, Calif.—A labor shortage is worsening in one of the nation’s fastest-growing occupations—taking care of the elderly and disabled—just as baby boomers head into old age. Nursing homes and operators of agencies providing home-care services already are straining to find enough so-called direct-care workers, who help the elderly or disabled with such things as eating… Read more 4/14/2013 - As America Ages, Shortage of Help Hits Nursing Homes (Wall Street Journal)

4/14/2013 - Will the Government Shrink Your IRA? (Wall Street Journal)

As the April 15 filing deadline looms, it looks like some tax-protected retirement-savings vehicles might not be so protected after all. President Barack Obama’s budget for fiscal year 2014, released Wednesday, is loaded with an unusually large number of carrots—and sticks—for U.S. workers’ retirement savings. Read the full article at the Wall Street Journal.

4/8/2013 - Obama's budget revives talk of entitlement changes (USA Today)

A brief reprieve on imminent budget deadlines is providing Republicans and Democrats alike an opportunity to regroup for the next fiscal debate that will dominate the spring and come to a head this summer: increasing the nation’s ability to borrow money to pay its bills. Negotiations to raise the debt ceiling are increasingly linked to… Read more 4/8/2013 - Obama's budget revives talk of entitlement changes (USA Today)

4/7/2013 - Obama's Plan to Rein in Social Security Draws Criticism (Wall Street Journal)

President Barack Obama’s budget plan to alter federal cost-of-living adjustments marks a significant overture to Republicans, but risks widening a rift within his own Democratic Party. Switching to the so-called chain-weighted consumer-price index would reduce the growth of future benefits from Social Security and other federal programs. Read the full article at the Wall Street… Read more 4/7/2013 - Obama's Plan to Rein in Social Security Draws Criticism (Wall Street Journal)

3/31/2013 - Waiting periods can be costly for workers (Boston Globe)

At 33 years old, Nimesh Trivedi owns a home and is saving money with his wife for their children’s education. But investing for retirement had not been a priority. That changed when Trivedi recently took a job at Massachusetts Mutual Life Insurance Co. in Springfield, where colleagues encouraged him to join the company’s 401(k) retirement… Read more 3/31/2013 - Waiting periods can be costly for workers (Boston Globe)

3/30/2013 - Why Innovators Get Better With Age (New York Times)

“We need some gray hair” once referred to needing someone with more experience. But I haven’t heard that expression in a very long time. In fact, many companies are intentionally reducing the average age of their work forces in an effort to save money. Younger employees are generally paid less and have lower health care… Read more 3/30/2013 - Why Innovators Get Better With Age (New York Times)

3/25/2013 - The 2013 Retirement Confidence Survey: Perceived Savings Needs Outpace Reality for Many (EBRI)

The 23rd wave of the Retirement Confidence Survey (RCS) finds that Americans’ confidence in their ability to afford a comfortable retirement remains low, despite the improving economy. One apparent reason for this might be the realization by many workers of just what will be needed to secure a financially comfortable retirement. Others reasons may include… Read more 3/25/2013 - The 2013 Retirement Confidence Survey: Perceived Savings Needs Outpace Reality for Many (EBRI)