djaworski

Posts by djaworski

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7/13/2015 - Needs Of Retirees Take A Smaller Center Stage At White House Forum (NPR)

by on July 13, 2015 5:54 pm
In the past, the White House’s once-a-decade summit on aging was a multi-day event attended by thousands, but this time there was no funding. So it’s a one-day event for a couple of hundred guests. Read the full article in The New York Times.
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7/12/2015 - Rising Economic Insecurity Tied to Decades-Long Trend in Employment Practices (The New York Times)

by on July 13, 2015 3:59 pm
When the California Labor Commissioner’s Office ruled last month that an Uber driver was an employee deserving of a variety of workplace protections — and was not, as the company maintained, an independent contractor — it highlighted the divided feelings many Americans have about what is increasingly being called the “gig economy.” On the other, Uber —… Read more 7/12/2015 - Rising Economic Insecurity Tied to Decades-Long Trend in Employment Practices (The New York Times)
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7/10/2015 - The Man Who Must Fund the Retirement of the Oldest Wealthy Nation (The Wall Street Journal)

by on July 10, 2015 4:10 pm
As the new chief investment officer of Japan’s Government Pension Investment Fund, the largest publicly managed pension in the world by assets, Mr. Mizuno was getting a chance to try to fix a crucial puzzle: How to fund the retirement of the world’s oldest wealthy nation.Retirement programs across the world, including the U.S.’s Social Security system,… Read more 7/10/2015 - The Man Who Must Fund the Retirement of the Oldest Wealthy Nation (The Wall Street Journal)
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7/9/2015 - Here’s How Much Cash You Need in Retirement (Money)

by on July 9, 2015 7:03 pm
Everyone should have a cash cushion to handle unexpected expenses, but retirees need a larger cash reserve than people who are still working, says Richard Paul, president of Richard W. Paul and Associates in Novi, Mich. “The stakes are higher for retirees,” Paul says. “When you’re no longer earning an income, the money you have saved… Read more 7/9/2015 - Here’s How Much Cash You Need in Retirement (Money)
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7/8/2015 - States face shaky financial futures; pensions at risk (USA Today)

by on July 8, 2015 6:04 pm
States are mounting an uneven fiscal recovery from the Great Recession, with energy-rich states leading and Northeastern states with big pension obligations lagging, a new study shows.Alaska, the Dakotas, Nebraska and Florida are on the most solid financial footing, according to rankings of the 50 states released Tuesday by the Mercatus Center at George Mason University. New York,… Read more 7/8/2015 - States face shaky financial futures; pensions at risk (USA Today)
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7/8/2015 - Managing a Retirement X Factor: Health Care (U.S. News & World Report)

by on July 8, 2015 5:38 pm
Health care is a constant area of stress for people as they approach retirement. In fact, according to the Voya Retire Ready Index, 91 percent of workers are concerned about their ability to cover health care expenses in retirement. This comes as no surprise when you consider how health costs have risen over the past few… Read more 7/8/2015 - Managing a Retirement X Factor: Health Care (U.S. News & World Report)
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7/7/2015 - Lower and Middle-Income Mothers Most Financially Stressed (Plan Adviser)

by on July 8, 2015 4:14 pm
Nearly one-quarter, 23%, of employees feel “high” or “overwhelming” financial stress, up from only 18% in 2012 and 19% in 2011, according to a survey by Financial Finesse, a provider of financial education to workers. Across all age groups, women experience significantly higher levels of financial stress than men, with the most frazzled group being women… Read more 7/7/2015 - Lower and Middle-Income Mothers Most Financially Stressed (Plan Adviser)
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7/6/2015 - Gen X, Baby Boomers see credit cards as a lifeline (USA Today)

by on July 7, 2015 12:54 am
Generation X, weighed down by debt, is unfortunately growing accustomed to the burden. Gen Xers — and their older, Baby Boomer peers — see credit cards as a lifeline, according to a new study from Allianz Life.Of the 1,000 Gen Xers age 35 to 48, and 1,000 Boomers ages 49-67 surveyed, 48% say that credit cards… Read more 7/6/2015 - Gen X, Baby Boomers see credit cards as a lifeline (USA Today)
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7/6/2015 - How soaring student debt threatens a vulnerable set: Americans over 60 (The Guardian)

by on July 6, 2015 8:49 pm
Over the last 10 years, it is Americans over the age of 60 who have seen their student loan debt grow at the fastest rate of any demographic group, according to data from the Federal Reserve Bank of New York. By 2014 that sum had hit $58bn, up from a mere $6bn in 2004. The increase in… Read more 7/6/2015 - How soaring student debt threatens a vulnerable set: Americans over 60 (The Guardian)
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7/4/2015 - Millennials go house hunting at last (Cincinnati.com)

by on July 4, 2015 12:34 am
For the second year in a row, millennials were the largest group of home buyers, beating out Generation X (35 to 49 year olds), baby boomers (50 to 59 year olds), and older boomers, (60 to 68 year olds), a recent study by the National Association of Realtors shows. The study found that millennials composed 32 percent… Read more 7/4/2015 - Millennials go house hunting at last (Cincinnati.com)