djaworski

9/8/2015 - 6 Tips for Going Back to School in Retirement (U.S. News & World Report)

It’s not just children who head back to the classroom every fall. Retirees have a variety of options to take college-level classes at affordable prices and sometimes even for free. Read the full article in U.S. News & World Report. 

9/8/2015 - Homeowners face risky retirement scenarios (Pittsburgh Post Gazette)

Homemakers often play a big role in raising children, managing households and caring for sick loved ones. But because the job does not come with a steady paycheck or retirement benefits, they can be forced to rely on others for income and face tremendous risks when it comes to retirement. “In devoting their time to… Read more 9/8/2015 - Homeowners face risky retirement scenarios (Pittsburgh Post Gazette)

9/6/2015 - Mortgage debt — The New Retirement Time Bomb (The Washington Post)

The Consumer Financial Protection Bureau says the percentage of homeowners ages 65 and older with mortgage debt increased from 22 percent in 2001 to 30 percent in 2011. Among homeowners 75 and older, the rate more than doubled, from 8.4 to 21.2 percent. Read the full article in The Washington Post.

9/5/2015 - Have you saved enough to retire? (USA Today)

One reason retirement funding may mystify you: How do you know when you saved enough so you won’t run out of money during your golden years? The answer begins with an understanding of your day-to-day expenses, and how those expenses may change in 30 or more years of retirement. According to a recent survey from… Read more 9/5/2015 - Have you saved enough to retire? (USA Today)

9/4/2015 - New Widows Have Another Concern: Their Finances (The New York Times)

Like many widows, Ms. Eiler, a workers’ compensation claims analyst in Salem, Ore., is finding that she is now more vulnerable financially. The household income for widows typically declines 37 percent after a spouse dies, far more than the 22 percent income drop that men experience, according to government figures. The assets of widows also… Read more 9/4/2015 - New Widows Have Another Concern: Their Finances (The New York Times)

9/3/2015 - Lack of savings stresses workers (Benefits Pro)

People aren’t feeling good about where they are financially. Obligations weigh them down—daily living expenses, the high cost of health care, the potential for job loss or some other catastrophe—and they don’t even have a secure retirement to look forward to, now that pensions are largely a thing of the past. So say some of the findings… Read more 9/3/2015 - Lack of savings stresses workers (Benefits Pro)

9/2/2015 - Get the timing right on Social Security claims (CNBC)

Social Security may be criticized for being an insufficient retirement benefit, and some may question its solvency, but there’s no denying that it plays a starring role in many people’s retirement plans.The program makes up more than half of the retirement income of people who are over 80 years old, on average, according to AARP. Read… Read more 9/2/2015 - Get the timing right on Social Security claims (CNBC)

9/1/2015 - The surging ranks of America's ultrapoor (CBS)

The number of U.S. residents who are struggling to survive on just $2 a day has more than doubled since 1996, placing 1.5 million households and 3 million children in this desperate economic situation. That’s according to “$2.00 a Day: Living on Almost Nothing in America,” a book from publisher Houghton Mifflin Harcourt that will… Read more 9/1/2015 - The surging ranks of America's ultrapoor (CBS)

5/28/2015 - Rethinking Work (New York Times)

HOW satisfied are we with our jobs? Gallup regularly polls workers around the world to find out. Its survey last year found that almost 90 percent of workers were either “not engaged” with or “actively disengaged” from their jobs. Think about that: Nine out of 10 workers spend half their waking lives doing things they… Read more 5/28/2015 - Rethinking Work (New York Times)

8/28/2015 - Tax-Free Savings Accounts for Disabled Are Expected in 2016 (The New York Times)

Special savings accounts for people with disabilities are likely to become available in most states next year. The accounts were made possible in 2014 by the ABLE Act — for Achieving a Better Life Experience — and are loosely modeled on the popular 529 college saving accounts. Advocates for the disabled say it is taking… Read more 8/28/2015 - Tax-Free Savings Accounts for Disabled Are Expected in 2016 (The New York Times)