djaworski

7/3/2015 - Medicare and Medicaid at 50 (The New York Times)

Medicare and Medicaid, the two mainstays of government health insurance, turn 50 this month, having made it possible for most Americans in poverty and old age to get medical care. Its achievement in improving life expectancy and reducing poverty among the elderly has been enormous. Before Medicare, almost half of all Americans 65 and older… Read more 7/3/2015 - Medicare and Medicaid at 50 (The New York Times)

7/2/2015 - 5 biggest financial mistakes Gen X and Gen Y make (MarketWatch)

The biggest looming threat to Gen Xers, however, is not access to affordable investment advice. Rather, it’s their lack of savings for retirement. And it’s a threat made even worse if you consider the possibility that Social Security might not be available in its current state for their retirement. Social Security benefits are expected to be… Read more 7/2/2015 - 5 biggest financial mistakes Gen X and Gen Y make (MarketWatch)

6/30/2015 - Finance Apps: Who Are the Real Power Users? (Financial Planning)

It’s no surprise that millennials are taking to financial apps more than any other group of high-net-worth investors. But when it comes to wealth management, personal finance or even spending tracking — Gen Xers and boomers are more actively engaged. “As instant access to information and the firms they deal with is a key driving… Read more 6/30/2015 - Finance Apps: Who Are the Real Power Users? (Financial Planning)

6/30/2015 - U.S. military to begin offering pension, death benefits to same-sex couples (KRQE News 13)

The U.S. military is making big changes because of the Supreme Court ruling on same-sex marriage. The Department if Veterans Affairs announced Monday it will begin offering the same pension and death benefits to same-sex couples as to heterosexual veterans. Read the full article in KRQE News 13.

6/29/2015 - The downside of automatic 401(k) enrollment (CNBC)

Nearly a third of Americans age 55 and over have no retirement savings, and defined benefit pension plans are going the way of the dinosaur. So you’d think that employers would be doing a great thing when they automatically enroll employees in 401(k) plans. Not exactly. Auto enrollment, as the practice is known, does increase employee participation in… Read more 6/29/2015 - The downside of automatic 401(k) enrollment (CNBC)

6/28/2015 - No more excuses: How to rebalance your 401(k) (USA Today)

Most workers saving for retirement in a 401(k) plan aren’t following the time-honored advice to rebalance their portfolios, the process of rejiggering the portfolio back to the mix of stocks, bonds and cash established as a blueprint.In fact, just 15% of defined contribution retirement plan participants rebalanced their portfolios in 2014, according to Aon Hewitt’s analysis… Read more 6/28/2015 - No more excuses: How to rebalance your 401(k) (USA Today)

6/27/2015 - The "Big Boom Theory" For Retirement: Millennials, Pay Attention; You Are Next (Forbes)

According to USA Today, “Almost a third of workers (28%) say they have less than $1,000 in savings and investments that could be used for retirement, not counting their primary residence or defined benefits plans such as traditional pensions.” Unfortunately, the picture gets darker, the rain has started, and the rainbow has disappeared. Employee Benefit Research Institute and… Read more 6/27/2015 - The "Big Boom Theory" For Retirement: Millennials, Pay Attention; You Are Next (Forbes)

6/26/2015 - 5 Ideas To Ease The Burden Of Student Loans (NPR)

The total outstanding balance of federal student loans: $1.3 trillion. Whether it’s because of for-profit colleges shutting down or popular debates about the moral necessity of repayment, the issue consistently makes headlines, and it shows signs of emerging into political prominence during this election cycle. Sen. Elizabeth Warren, D-Mass., made news recently when she spoke out about creating… Read more 6/26/2015 - 5 Ideas To Ease The Burden Of Student Loans (NPR)

6/26/2015 - Americans Are Delaying Major Life Events Because of Money Worries (The New York Times)

About half of American adults have postponed a major life decision in the past year for financial reasons, mainly because they lack sufficient savings or are worried about the economy, or both, a new survey finds. The survey, conducted for the American Institute of Certified Public Accountants, found that the proportion of people delaying big decisions… Read more 6/26/2015 - Americans Are Delaying Major Life Events Because of Money Worries (The New York Times)

6/25/2015 - Financial Woes Keep Many Americans Up at Night (U.S. News & World Report)

Nearly two-thirds of Americans are losing sleep over at least one financial concern, according to a survey released Thursday by CreditCards.com.The survey, which compiled responses from 3,600 people across the country, asked participants to identify which of a handful of financial concerns keeps them up at night, and found that 62 percent of the U.S.… Read more 6/25/2015 - Financial Woes Keep Many Americans Up at Night (U.S. News & World Report)