djaworski

12/1/2015 - A Grim Bargain (The Washington Post)

In wide swaths of the Deep South, public schools struggle, turning out workers who lack basic skills. Agricultural work has long faded, while job opportunities in once-prosperous industries such as textiles and timber have been lost to cheaper options in Latin America or automation at home. Politicians say they must give freebies to lure companies… Read more 12/1/2015 - A Grim Bargain (The Washington Post)

12/1/2015 - More retirement plan recordkeepers offering mobile apps (Benefits Pro)

  The retirement provider industry lags the larger financial services sector when it comes to advances in mobile platforms, but plan providers are quickly closing the gap, according to one consultancy.Corporate Insights, a New York-based consultancy, tracks the technology and communication innovations of 18 of the largest record keepers in the space.The firm’s most recent Retirement… Read more 12/1/2015 - More retirement plan recordkeepers offering mobile apps (Benefits Pro)

11/30/2015 - Honda Lifts Retirement Age as Japan Inc. Copes With Aging (Bloomberg)

Honda Motor Co. plans to shake up job terms next fiscal year and lift its retirement age by five years to 65, making the carmaker one of Japan Inc.’s biggest companies to take action in coping with the nation’s aging demographics.Other proposed changes applying to about 40,000 employees at Honda and five of its group… Read more 11/30/2015 - Honda Lifts Retirement Age as Japan Inc. Copes With Aging (Bloomberg)

11/30/2015 - Graying Japan Tries to Embrace the Golden Years (The Wall Street Journal)

At an office-building construction site in the center of Japan’s capital, 67-year-old Kenichi Saito effortlessly stacks 44-pound boards with the ease of a man half his age.His secret: a bendable exoskeleton hugging his waist and thighs, with sensors attached to his skin. The sensors detect when Mr. Saito’s muscles start to move and direct the… Read more 11/30/2015 - Graying Japan Tries to Embrace the Golden Years (The Wall Street Journal)

11/29/2015 - Behavioral Economist Richard Thaler on the Key to Retirement Savings (The Wall Street Journal)

Retirement savings is probably behavioral economists’ greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard—figuring out how much to save—and requires self-control. And these are two of the most important things that are left out of traditional economics. The assumption that everybody will figure out how much they… Read more 11/29/2015 - Behavioral Economist Richard Thaler on the Key to Retirement Savings (The Wall Street Journal)

11/27/2015 - Financial Abuse of the Elderly: Sometimes Unnoticed, Always Predatory (The New York Times)

With 10,000 people turning 65 every day for the next decade, a growing pool of retirees are susceptible to such exploitation. As many as one in 20 older adults said they were financially mistreated in the recent past, according to a study financed by the Justice Department. Traditionally, such exploitation, whether by family, friends or… Read more 11/27/2015 - Financial Abuse of the Elderly: Sometimes Unnoticed, Always Predatory (The New York Times)

11/27/2015 - Student Debt in America: Lend With a Smile, Collect With a Fist (The New York Times)

According to the Federal Reserve Bank of New York, the number of active borrowers enrolled in college has declined to roughly nine million today from about 12 million in 2010. Yet the total amount of outstanding debt continues to increase, because many borrowers are not paying back their older loans. Read the full article in… Read more 11/27/2015 - Student Debt in America: Lend With a Smile, Collect With a Fist (The New York Times)

11/25/2015 - How Women Can Get Ahead of the Retirement Savings Gap (The Motley Fool)

When it comes to saving for retirement, women might be pleased to learn that they are more likely to enroll in their workplace savings plans than men and to save at higher rates. That’s the good news, according to a study released in November 2015 by investment management company Vanguard. The not-so-good news is that, even though… Read more 11/25/2015 - How Women Can Get Ahead of the Retirement Savings Gap (The Motley Fool)

11/24/2015 - When interest rates go up, what's that do to housing? (NPR Marketplace)

The S&P/Case-Shiller index of home prices out Tuesday is expected to show continued increases, and a looming interest rate increase from the Federal Reserve raises the question of whether there might be a cool down in the market sometime soon. But economists say the Fed’s rate hike is not expected to be like a lightning bolt,… Read more 11/24/2015 - When interest rates go up, what's that do to housing? (NPR Marketplace)

11/23/2015 - Beware the Retirement Splurge (Money)

While you’re supposed to need less money in retirement, new research shows many people are spending more—way more. When trying to figure out how much money you will need in retirement, the amount you plan to spend is obviously a huge factor. The general rule is that you will need approximately 80% of your preretirement… Read more 11/23/2015 - Beware the Retirement Splurge (Money)