djaworski

Posts by djaworski

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3/4/2015 - American's Aren't Saving Enough for Retirement, but One Change Could Help (The New York Times)

by on March 4, 2015 4:35 pm
Here is something every non-rich American family should know: The odds are that you will run out of money in retirement. On average, a typical working family in the anteroom of retirement — headed by somebody 55 to 64 years old — has only about $104,000 in retirement savings, according to the Federal Reserve’s Survey… Read more 3/4/2015 - American's Aren't Saving Enough for Retirement, but One Change Could Help (The New York Times)
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3/2/2015 - 7 Steps to a Financially Secure Retirement (USA Today)

by on March 2, 2015 6:47 pm
Preparing financially for retirement may seem virtually impossible. How can you tuck away enough money for your later years given your limited income and never-ending expenses?It’s no wonder that a recent survey showed a third of people in the USA have nothing saved for their golden years. “Retirement is a big stew, and there are… Read more 3/2/2015 - 7 Steps to a Financially Secure Retirement (USA Today)
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3/2/2015 - People with Low Incomes say They Pay the Price with Poor Health (NPR)

by on March 2, 2015 6:44 pm
When you ask people what impacts health you’ll get a lot of different answers: Access to good health care and preventative services, personal behavior, exposure to germs or pollution and stress. But if you dig a little deeper you’ll find a clear dividing line, and it boils down to one word: money. People whose household… Read more 3/2/2015 - People with Low Incomes say They Pay the Price with Poor Health (NPR)
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3/2/2015 - The Suddenly Hot Job Market for Workers Over 50 (Money)

by on March 2, 2015 5:26 pm
Things are finally looking up for older workers. The latest data show the unemployment rate for those over age 55 stands at just 4.1%, compared with 5.7% for the total population and a steep 18.8% for teens. The ranks of the long-term unemployed, which ballooned during the recession as mature workers lost their jobs, are… Read more 3/2/2015 - The Suddenly Hot Job Market for Workers Over 50 (Money)
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2/27/2015 - Making Money Decisions When You Lose Your Job (The New York Times)

by on March 2, 2015 5:21 pm
The numbers are striking: About 1.7 million people, on average, lose their jobs every month. Those figures represent little more than 1 percent of the work force, but they still underscore just how many people face the sort of upheaval that accompanies the loss of a job or a forced retirement. Beyond the emotional toll, many individuals agonize over… Read more 2/27/2015 - Making Money Decisions When You Lose Your Job (The New York Times)
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2/27/2015 - White House Move to Protect Nest Eggs Sparks Hopes and Fears (NPR)

by on March 2, 2015 5:14 pm
The Obama administration is creating new protections for Americans saving and investing for retirement, but industry groups say the new rules could hurt the very people the president says he wants to help. If you’re building a retirement nest egg, big fees are the dangerous predators looking to feast on it. The White House says too… Read more 2/27/2015 - White House Move to Protect Nest Eggs Sparks Hopes and Fears (NPR)
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2/23/2015 - 1 in 3 Americans on verge of financial ruin (MarketWatch)

by on February 23, 2015 5:14 pm
According to a survey released Monday by Bankrate.com of more than 1,000 adults, 37% of Americans have credit card debt that equals or exceeds their emergency savings. “These numbers mean that three out of every eight Americans are teetering on the edge of financial disaster” — thanks to the fact that many of these folks might be… Read more 2/23/2015 - 1 in 3 Americans on verge of financial ruin (MarketWatch)
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2/23/2015 - White House Moves to Protect Investors from Bad Retirement Advice (NPR)

by on February 23, 2015 5:10 pm
The White House says President Obama on Monday will direct the Department of Labor to craft new rules to require financial advisers to put their clients’ interests ahead of their own. Read the full article at NPR.
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2/20/2015 - Financial Advice by Demographics (The New York Times)

by on February 23, 2015 5:05 pm
When a woman calls Fidelity about her investments there, her questions are likely to be handled a bit differently from those asked by a man. Customer service representatives are more likely to chitchat to establish rapport. And they may frame the conversation around her longer-term goals or the important people in her life — perhaps… Read more 2/20/2015 - Financial Advice by Demographics (The New York Times)
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2/17/2015 - The Retirement Investing Mistake you don't know you are making (Money)

by on February 17, 2015 6:22 pm
It happens every year around this time: the rush by investors to make 11th-hour contributions to their IRAs before the April 15 tax deadline. If you’ve recently managed to send in your contribution, congrats. But next time around, plan ahead—turns out, this beat-the-clock strategy comes at a cost, or a “procrastination penalty,” according to Vanguard.… Read more 2/17/2015 - The Retirement Investing Mistake you don't know you are making (Money)