djaworski

Posts by djaworski

Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

10/6/2015 - Most Americans have less than $1,000 in savings (MarketWatch)

by on October 7, 2015 4:10 pm
Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account, according to a new survey of more than 5,000 adults conducted this month by Google Consumer Survey for personal finance… Read more 10/6/2015 - Most Americans have less than $1,000 in savings (MarketWatch)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

10/5/2015 - Can robots close the retirement savings gap? (CNBC)

by on October 5, 2015 4:34 pm
Can robots help Americans be better prepared for retirement? Online investment services that provide automated, algorithm-based portfolio management advice have attracted millions of investors over the past few years with their low fees and minimum requirements. The so-called robo-advisors had an estimated $8 billion in assets under management as of July, a 34 percent increase from last… Read more 10/5/2015 - Can robots close the retirement savings gap? (CNBC)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

10/4/2015 - The 4 Things to Do Before Retirement (The Wall Street Journal)

by on October 4, 2015 5:15 pm
The size of your nest egg isn’t the only thing you should be focused on as you close in on retirement.So say financial planners and experts, who point to several financial moves investors can make in the years before they leave work that might help them preserve their savings, reduce their tax bills and provide… Read more 10/4/2015 - The 4 Things to Do Before Retirement (The Wall Street Journal)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

10/2/2015 - Downsizing Offers a Fresh Start for Older Adults (The New York Times)

by on October 2, 2015 7:14 pm
An estimated 4.2 million retirees moved to a new home in 2014, according to a Merrill Lynch and Age Wave report, “Home in Retirement: More Freedom, New Choices.” Over all, 64 percent of retirees expect to move at least once during retirement. Read the full article in The New York Times.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

10/1/2015 - Young Americans Are Giving Up on Getting Rich (Bloomberg)

by on October 1, 2015 7:18 pm
Young Americans’ incomes are depressed, their retirement nest eggs are microscopic, and their rate of employment is weak. The trend lines aren’t promising, either, which likely explains why there’s no shortage of pessimism out there. In a Bloomberg poll of Americans age 18 to 35—the millennial generation—47 percent said they do not expect their cohort to… Read more 10/1/2015 - Young Americans Are Giving Up on Getting Rich (Bloomberg)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

9/30/2015 - How to draw down your retirement savings (CNBC)

by on September 30, 2015 7:30 pm
Saving for retirement is challenging, no doubt. But if you want to know what’s really tricky, consider spending that money in retirement.Retirees in the past often relied on a simple rule for retirement income: Draw down 4 percent of your savings every year and you will be all set. But the retirement landscape has changed.For… Read more 9/30/2015 - How to draw down your retirement savings (CNBC)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

9/28/2015 - Why I’ll Still Own Lots of Stocks When I’m Old (Money)

by on September 28, 2015 10:14 pm
When EBRI recently released its annual 401(K) database report, most observers were heartened that balances and growth rates were up for a large cross-section of retirement plan participants. But there was one curious finding: equity holdings had dropped between 2007 and 2013, especially among older participants. By the end of 2013, 24% of people in their… Read more 9/28/2015 - Why I’ll Still Own Lots of Stocks When I’m Old (Money)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

9/26/2015 - To Get a Job in Your 50s, Maintain Friendships in Your 40s (The New York Times)

by on September 26, 2015 10:16 pm
We hear it all the time: People who are over 50 take longer to find jobs than younger people. Connie Wanberg, a professor at the Carlson School of Management at the University of Minnesota, had long heard gloom-and-doom stories to that effect, but she wondered how strong the data was to support them. Very, as… Read more 9/26/2015 - To Get a Job in Your 50s, Maintain Friendships in Your 40s (The New York Times)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

9/25/2015 - Working in retirement means going back to school (MarketWatch)

by on September 25, 2015 6:10 pm
It is September — it’s back-to-school month — but maybe the annual autumn ritual shouldn’t be just for kids. A recent survey by Northwestern Mutual revealed that more and more Americans are making work a part of their retirement plan. Two-thirds of the survey respondents cite financial security as the primary reason for working well past traditional… Read more 9/25/2015 - Working in retirement means going back to school (MarketWatch)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

9/24/2015 - How Millions of Americans Are Flubbing Retirement (Money)

by on September 24, 2015 8:44 pm
The fact that many Americans aren’t getting the most out of Social Security isn’t exactly news. With savings rates low and the economy still trying to find a groove, retirees may simply need the money right away. Here’s what is news: New evidence suggests a big portion of would-be retirees have enough savings to put off receiving… Read more 9/24/2015 - How Millions of Americans Are Flubbing Retirement (Money)