djaworski

Posts by djaworski

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11/6/2015 - Financial Advice for Women, From Women (The New York Times)

by on November 6, 2015 8:02 pm
Women are increasingly their households’ breadwinners, and they are more likely than men to enroll in and complete college. Women are also a growing market, exercising decision-making control of an estimated $11.2 trillion in investable assets, according to the Center for Talent Innovation. Read the full article in The New York Times.
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11/5/2015 - Is this the cure for America's retirement ills? (CBS MoneyWatch)

by on November 5, 2015 8:01 pm
The U.S. Treasury loudly trumpeted the launch of myRA accounts earlier this week, which aim to provide a simple, safe, affordable savings option for workers who don’t have access to a savings plan at work. Would a myRA make sense for you? A myRA account could be a good idea if you answer “no” to all of the… Read more 11/5/2015 - Is this the cure for America's retirement ills? (CBS MoneyWatch)
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11/4/2015 - Can myRa bring retirement planning to the masses? (Reuters)

by on November 4, 2015 7:16 pm
The United States needs a sleek new vehicle for workplace retirement saving – something that covers the millions of workers who do not have a 401(k) or traditional pension. But on Wednesday, the White House rolled out a kid’s bike with training wheels instead, otherwise known as the myRA. The U.S Treasury has been beta-testing the… Read more 11/4/2015 - Can myRa bring retirement planning to the masses? (Reuters)
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11/4/2015 - Stressed, Tired, Rushed: A Portrait of the Modern Family (The New York Times)

by on November 4, 2015 7:00 pm
Children are much more likely than not to grow up in a household in which their parents work, and in nearly half of all two-parent families today, both parents work full time, a sharp increase from previous decades.What hasn’t changed: the difficulty of balancing it all. Working parents say they feel stressed, tired, rushed and… Read more 11/4/2015 - Stressed, Tired, Rushed: A Portrait of the Modern Family (The New York Times)
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11/3/2015 - Here's Why Women Have Half the Retirement Savings of Men (Forbes)

by on November 4, 2015 12:27 am
When it comes to their retirement savings, women take as many risks as men do, according to a new study byVanguard Research released last week. The study looked at 720,000 eligible employees, and found that in defined contribution plans—such a 401(k)s—women and men allocated roughly the same proportion of their savings to equity (73% and 74%,… Read more 11/3/2015 - Here's Why Women Have Half the Retirement Savings of Men (Forbes)
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11/2/2015 - 8 most dangerous places to use your debit card (CBS Money Watch)

by on November 2, 2015 1:01 am
Making all of your purchases with a debit card is a good way to avoid spending more money than you have and racking up debt. But it’s not always the smartest way to pay. In fact, using a debit card at some places or in some instances can be dangerous. That’s because debit and credit card… Read more 11/2/2015 - 8 most dangerous places to use your debit card (CBS Money Watch)
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10/31/2015 - Flat Social Security checks spark debate (USA Today)

by on October 31, 2015 10:45 pm
Advocates for retirees cried foul after the government announced recently that Social Security recipients won’t be getting a cost-of-living increase next year because of falling prices, arguing officials aren’t considering their distinctive spending patterns.AARP and the Senior Citizens League said the Social Security Administration (SSA) instead should base its ruling on a special consumer price index for… Read more 10/31/2015 - Flat Social Security checks spark debate (USA Today)
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10/26/2015 - Baby Boomers Hugely Underestimate What They Need for Retirement (The Wall Street Journal)

by on October 26, 2015 9:37 pm
When it comes to saving for retirement, there’s a huge gap between what Americans say they want and what they’re doing to make it happen. A new survey from BlackRock on attitudes about money and financial goals found Americans are holding nearly twice as much cash as they think they ought to in order to reach their retirement goals.… Read more 10/26/2015 - Baby Boomers Hugely Underestimate What They Need for Retirement (The Wall Street Journal)
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10/25/2015 - Deferring taxes not always best plan (Investment News)

by on October 25, 2015 9:34 pm
In preparing for retirement, one accumulates as much money as possible. Most strategies focus on qualified accumulation, which defers income tax until the distribution phase when a person presumably has fewer exemptions and deductions. For high-income earners paying taxes at the highest levels during the accumulation phase, this is an advantage. For those at lower… Read more 10/25/2015 - Deferring taxes not always best plan (Investment News)
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10/23/2015 - Why Is It So Hard To Save? U.K. Shows It Doesn't Have To Be (NPR)

by on October 23, 2015 4:10 pm
Many people in the U.S., of course, feel this way too: I can’t afford to save. I have student loans. I just don’t make enough money. And these are very real problems. Wages have been stagnant for decades — especially in recent years since the recession. But if you take someone like Bloomfield and enroll him automatically in a retirement… Read more 10/23/2015 - Why Is It So Hard To Save? U.K. Shows It Doesn't Have To Be (NPR)