djaworski

Posts by djaworski

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3/12/2015 - 'Boomerang Kids' Are Ruining Their Parents' Retirement (NBC News)

by on March 12, 2015 8:07 pm
Those 65 years or older with financially independent children are more than twice as likely to be retired than people of the same age group who financially support their adult children, according to a new report that retirement market research firm Hearts & Wallets shared with CNBC.com.  That’s because those who are still supporting their… Read more 3/12/2015 - 'Boomerang Kids' Are Ruining Their Parents' Retirement (NBC News)
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3/11/2015 - Retirement Reality Is Catching Up With Me (The New York Times)

by on March 12, 2015 8:05 pm
Many people don’t invest for retirement at all, according to a report by the National Institute on Retirement Security. Some 45 percent of working-age households have no retirement account assets, while the overall national median retirement account balance is just $3,000. Read the full article in The New York Times.
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3/10/2015 - Obama Signs 'Student Aid Bill of Rights' to Help Protect Borrowers (The New York Times)

by on March 12, 2015 7:57 pm
 President Obama on Tuesday signed what he called a “Student Aid Bill of Rights” that he said would help students deal with the growing burden of college loans. With the memorandum, Mr. Obama directed federal agencies to take steps to make it easier for college students to finance their education, pay back their loans and avoid… Read more 3/10/2015 - Obama Signs 'Student Aid Bill of Rights' to Help Protect Borrowers (The New York Times)
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3/10/2015 - The Numbers Add Up To This: Less and Less Opportunity for Poor Kids (NPR)

by on March 10, 2015 11:14 pm
In this country, all children are supposed to have a shot at success — a chance to jump “from rags to riches” in one generation.Even if riches remain out of reach, then the belief has been that every hard-working American should be able to go from poverty to the middle class. On Tuesday, a book… Read more 3/10/2015 - The Numbers Add Up To This: Less and Less Opportunity for Poor Kids (NPR)
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3/9/2015 - 4 Serious Retirement Plan Errors to Avoid (U.S. News & World Report)

by on March 9, 2015 7:37 pm
Tax-advantaged retirement plans provide many workers with a chance to save for the future and reduce their tax bill at the same time. Employer-sponsored retirement plans are easy to use, and many contributions are deducted from paychecks, so the investing becomes automatic. However, retirement accounts also require workers to make important decisions, and many investors make mistakes… Read more 3/9/2015 - 4 Serious Retirement Plan Errors to Avoid (U.S. News & World Report)
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3/8/2015 - Securing Retirement Income with Annuities (USA Today)

by on March 9, 2015 5:39 pm
The ultimate goal of retirement planning is to have a sufficient income for as long as you live. One possible strategy to help you with that goal is to invest a part of your 401(k) in a longevity annuity. Here, you pay a premium to an insurance company in exchange for a lifetime income that… Read more 3/8/2015 - Securing Retirement Income with Annuities (USA Today)
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3/6/2015 - Retirement in a Community, but Which One? (The New York Times)

by on March 9, 2015 5:37 pm
Choosing where to live could be the single most important and difficult decision retirees will make. While it’s not impossible to undo a wrong decision, making the right one the first time is far less painful, emotionally and financially. As baby boomers move toward retirement or plan for it, 4.5 percent of those ages 55 to 65… Read more 3/6/2015 - Retirement in a Community, but Which One? (The New York Times)
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3/6/2015 - As You Near Retirement, Capitalize on Market Opportunities (U.S. News & World Report)

by on March 9, 2015 5:29 pm
At the end of 2014, there was a steady stream of reporting around the strength of the U.S. economy: the Dow Jones industrial average and Standard & Poor’s 500 index reached new highs in the fourth quarter of 2014, the Nasdaq Composite index hit its best point since the 1990s technology bubble and the U.S.… Read more 3/6/2015 - As You Near Retirement, Capitalize on Market Opportunities (U.S. News & World Report)
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3/5/2015 - Ready to retire? Maybe not just yet (CNBC)

by on March 5, 2015 6:30 pm
If you have socked away money in a 401(k) and your 60th birthday is behind you, chances are you are thinking about when to retire. Chances are, too, that you are planning to retire sooner rather than later. The average retirement age seems to have stabilized at 62 for women and 64 for men, according… Read more 3/5/2015 - Ready to retire? Maybe not just yet (CNBC)
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3/5/2015 - How to Make Your Retirement Income Last (U.S. News & World Report)

by on March 5, 2015 6:25 pm
Picture this: You’ve worked hard your entire life, saving diligently for retirement. At age 65, you were living the dream. At age 75, you enjoyed a comfortable, if not luxurious, lifestyle. But at age 85, you inexplicably have run out of money. How did the ship sink so quickly? There was an iceberg, barely visible above… Read more 3/5/2015 - How to Make Your Retirement Income Last (U.S. News & World Report)