Category: Financial -Landing 2013

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

3/25/2015 - Older and Out of Work in the Silicon Valley (KQED)

by on March 25, 2015 4:29 pm
Many of us being let go are the “mature” employees — the older workers who no longer fit in an industry that worships youth and its energy. I’ve been advised to dye my hair to enhance my youthful looks and to design a resume that obscures my many years of experience. Yes, at age 60,… Read more 3/25/2015 - Older and Out of Work in the Silicon Valley (KQED)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/18/2013 - 4 Questions to Ask About Your Health-Care Costs in Retirement (Fox Business)

by on December 19, 2013 10:13 pm
Health-care costs must be an integral part of a retirement financial plan because if they aren’t part of the equation, they can easily drain your nest egg.  But here’s the problem: They are impossible to predict accurately. Read the full article at Fox Business.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/17/2013 - A Way to Stay on the Job (NY Times)

by on December 18, 2013 6:10 pm
Does your employer offer back-up elder care? Hundreds do, among them corporations (Home Depot, Yahoo, Hewlett-Packard), universities (Columbia, Northwestern), hospitals (Houston Methodist, Memorial Sloan-Kettering), law firms, nonprofit organizations and several government agencies. They collectively cover millions of employees. It is not the solution we all want to the long-term care crisis and the over-reliance on… Read more 12/17/2013 - A Way to Stay on the Job (NY Times)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/17/2013 - Should the U.S. force citizens to save? (Reuters)

by on December 18, 2013 6:09 pm
Americans aren’t saving enough to retire. This gap poses a problem for everyone, not just people who will face near-poverty when they can’t work anymore. Does that merit forcing people to save more? Read the full article at Reuters.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/17/2013 - Don't blame pensions for cities' woes: New study (CNBC)

by on December 18, 2013 6:08 pm
Detroit’s recent high-profile trip to bankruptcy court—allowing it to break decades of costly pension promises—has prompted other city officials to blame “legacy” retiree benefit costs for their dire financial conditions. But pension costs have played only a minor role in the current financial plight of the dozens of U.S. cities that find themselves unable to… Read more 12/17/2013 - Don't blame pensions for cities' woes: New study (CNBC)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/16/2013 - More Montana seniors rely on food programs to fill cupboards (Billings Gazette)

by on December 16, 2013 7:02 pm
After O.D. Etter was in a head-on crash, he could no longer work, and money for groceries dwindled. “I had a good hunting rifle I was able to pawn off and get enough to kind of keep things going,” said Etter, who is almost 75. At the time, Etter was desperate, and the rifle brought… Read more 12/16/2013 - More Montana seniors rely on food programs to fill cupboards (Billings Gazette)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/16/2013 - Employment-Based Retirement Plan Participation: Geographic Differences and Trends, 2012 (EBRI)

by on December 16, 2013 5:25 pm
The financing of retirement has become a vital topic in the United States as more and more Baby Boomers rapidly approach the traditional retirement age of 65. This group, with birth years 1946–1964 (ages 49-67), currently totals just over 75 million people and will greatly change the demographics of the nation as it continues to… Read more 12/16/2013 - Employment-Based Retirement Plan Participation: Geographic Differences and Trends, 2012 (EBRI)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/13/2013 - Target Market for Annuities Is Larger Than Most Advisors Think: Genworth (ThinkAdvisor)

by on December 15, 2013 6:53 pm
What do consumers think about annuities? Not much — leaving plenty of room for advisors to change that, according to a Genworth survey. The survey found 68% of respondents who don’t own an annuity have a positive or neutral impression of them. Among owners, 91% had a positive or neutral impression. Read the full article… Read more 12/13/2013 - Target Market for Annuities Is Larger Than Most Advisors Think: Genworth (ThinkAdvisor)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/12/2013 - Column: Why minorities are losing the retirement race (Reuters)

by on December 12, 2013 7:07 pm
The issue of retirement inequality has caught fire in Washington, D.C., and a report issued this week throws a new log on the flames. The report comes on the heels of a legislative proposal from progressive Democrats to address retirement inequality through an expansion of Social Security benefits. They want to increase benefits for everyone… Read more 12/12/2013 - Column: Why minorities are losing the retirement race (Reuters)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

12/11/2013 - ‘My Money’ credit cards can boost 401(k)s (MarketWatch)

by on December 12, 2013 7:06 pm
I have been thinking about two issues – how to reduce leakages from 401(k) plans and whether low-wage workers who are auto-enrolled into IRAs will stay put or opt out.  The link between these issues is the employee’s need to access funds before retirement.  Some suggest that people establish a buffer – or short-term –… Read more 12/11/2013 - ‘My Money’ credit cards can boost 401(k)s (MarketWatch)