djaworski

Posts by djaworski

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7/30/2015 - For Young Voters, Crushing Student Debt Is Front And Center (NPR)

by on July 31, 2015 3:58 pm
The economy is always a key issue in presidential campaigns. But whose economy are we talking about? Many millennial voters are underemployed and crushed under thousands of dollars of student debt. And perhaps nowhere is the problem more acute than in New Hampshire. Seventy-six percent of the class of 2013 had loans. On average, each… Read more 7/30/2015 - For Young Voters, Crushing Student Debt Is Front And Center (NPR)
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7/29/2015 - Millennials Less Likely to Leave the Nest, a Pew Study Finds (The New York Times)

by on July 30, 2015 12:08 am
During the recession near the end of the last decade, many young adults facing a dreadful job market moved in with their parents to save money.Now, jobs may be more plentiful and the economy has improved, but many members of the millennial generation have yet to leave the nest, according to a new study. In… Read more 7/29/2015 - Millennials Less Likely to Leave the Nest, a Pew Study Finds (The New York Times)
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7/29/2015 - The growing wealth gap that nobody is talking about (The Washington Post)

by on July 29, 2015 6:10 pm
If you’re over 62, your odds of having at least $1 million in net wealth (your total assets minus your total debt) are relatively achievable — about 1 in 7. But if you are under 40, your odds are low: 1 in 55.In the last 25 years, the odds that an old person is a millionaire have improved slightly.… Read more 7/29/2015 - The growing wealth gap that nobody is talking about (The Washington Post)
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7/28/2015 - Americans Left $24 Billion in Retirement Money on the Table Last Year (Time)

by on July 28, 2015 11:32 pm
Personal savings rose last year, as conscientious workers reined in their spending. But a smaller portion of those savings were stashed in employer-sponsored retirement plans, new research shows. This and other recent findings suggest that the much-vaunted 401(k) match may not be the silver bullet for retirement savings that is widely presumed. Personal savings jumped… Read more 7/28/2015 - Americans Left $24 Billion in Retirement Money on the Table Last Year (Time)
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7/27/2015 - Why Even the Wealthy are Biting their Nails over Retirement (Money Talks News)

by on July 28, 2015 6:07 pm
Wealthy Americans seem to have the same retirement worries as their less-affluent counterparts, including concerns about having enough money saved for retirement, reducing personal debt and curbing overspending. The Merrill Edge Report is focused on the financial concerns and priorities of affluent Americans, defined as households with investable assets ranging from $50,000 to $250,000. The survey revealed a… Read more 7/27/2015 - Why Even the Wealthy are Biting their Nails over Retirement (Money Talks News)
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7/26/2015 - Raising Floor for Minimum Wage Pushes Economy Into the Unknown (The New York Times)

by on July 27, 2015 4:06 pm
 The fight for a $15 minimum wage has gained momentum in New York, California and other places around the country in recent months. But as a national strategy to raise incomes at the bottom of the pay scale, it faces major obstacles, both political and economic. In many states, particularly those governed by Republicans in… Read more 7/26/2015 - Raising Floor for Minimum Wage Pushes Economy Into the Unknown (The New York Times)
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7/25/2015 - 7 steps to a financially secure retirement (USA Today)

by on July 25, 2015 12:43 am
If certified financial planner Ray LeVitre could give people one piece of advice when it comes to planning for retirement it would be this: Get a written financial plan. Everyone needs one — no matter what your income level, savings, investments or age, says LeVitre, author of 20 Retirement Decisions You Need to Make Right Now.… Read more 7/25/2015 - 7 steps to a financially secure retirement (USA Today)
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7/24/2015 - Salary Gap Widens as Top Workers in Specialized Fields Reap Rewards (The New York Times)

by on July 24, 2015 10:04 pm
The very different treatment accorded employees at the very top versus those in the bottom or middle ranks has become a fact of life at corporate offices, law and accounting firms, and other white-collar bastions across the country. For the first time since the economic recovery began six years ago, white-collar professionals with specialized skills… Read more 7/24/2015 - Salary Gap Widens as Top Workers in Specialized Fields Reap Rewards (The New York Times)
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7/23/2015 - State and local pension funding improved in 2014 (MarketWatch)

by on July 23, 2015 9:49 pm
The Center for Retirement Research at Boston College just released a 2014 updateof the funded status of the 150 state and local plans in the Public Plans Database. For the first time since the financial crisis of 2008, funding improved, with the aggregate funded ratio rising from 72 to 74 percent under the old Governmental Accounting Standards… Read more 7/23/2015 - State and local pension funding improved in 2014 (MarketWatch)
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7/22/2015 - Is Your Social Security Safe? (Newsweek)

by on July 22, 2015 10:47 pm
Obamacare has breathed temporary new life into Medicare, but the program, along with Social Security, is still on track to run out of money within 20 years, trustees of the programs announced Wednesday.Their regular reporting of the fiscal health of the nation’s most popular social programs gives both Republicans and Democrats ammunition to make their… Read more 7/22/2015 - Is Your Social Security Safe? (Newsweek)