Category: Financial -Landing 2013

10/14/2013 - Retirement roulette is the new American normal (CNBC)

Deciding when to retire is one of the most important, and difficult, decisions an individual has to make, and it’s not supposed to be a decision based on fear. That’s exactly what’s happening, though, across the United States. Fears of vanishing benefits have become a key factor for public sector workers nearing retirement age. At… Read more 10/14/2013 - Retirement roulette is the new American normal (CNBC)

10/14/2013 - Aging America: Poll shows retirement coming later in life (Seattle Times)

Stung by a recession that sapped investments and home values, but expressing widespread job satisfaction, older Americans appear to have accepted the reality of a retirement that comes later in life and no longer represents a complete exit from the workforce. Some 82 percent of working Americans over 50 say it is at least somewhat… Read more 10/14/2013 - Aging America: Poll shows retirement coming later in life (Seattle Times)

10/11/2013 - Retirees Use Nest Eggs for Business Start-Ups (Financial Advisor)

A lack of jobs in today’s economy is prompting more people to use their retirement money to start small businesses, according to Adam Bergman, a lawyer and tax expert. Although it can be a risky proposition, it is one way 401(k) and IRA funds can be used to provide employment for a person who is… Read more 10/11/2013 - Retirees Use Nest Eggs for Business Start-Ups (Financial Advisor)

10/8/2013 - Boomers Forced to Retire Face Unexpected Challenges (U.S. News & World Report)

Planning for retirement? If you are not, you should be. What’s becoming increasingly clear in the post-financial-crisis economy is that many people are unable to plan just when or how they’ll leave the workforce. Read the full article at U.S. News & World Report.

10/8/2013 - Why spouses should ‘split up’ for Medicare (MarketWatch)

Just a week before Medicare’s annual enrollment period is set to begin, here’s something for married couples to consider: Just because you were on the same health insurance plan during your working years doesn’t mean you should opt for the same coverage in Medicare. Read the full article at Market Watch.

10/8/2013 - Does your company have a paltry 401(k) match? This could be why (LA Times)

Companies that automatically place employees in 401(k) plans contribute less money to workers’ retirement accounts than companies that don’t automatically enroll employees. Read the full article at Los Angeles Times.

10/7/2013 - Relaxing Rules Will Help Small Employer Retirement Plans (Plansponsor.com)

Relaxing rules and increasing coverage for part-time workers would improve retirement savings for employees of small employers, hearing witnesses told a House committee. The U.S. House of Representatives Committee on Small Business held a hearing October 2, titled “The Challenge of Retirement Savings for Small Employers,” to examine the state of retirement savings for small… Read more 10/7/2013 - Relaxing Rules Will Help Small Employer Retirement Plans (Plansponsor.com)

10/5/2013 - Financial Literacy, Beyond the Classroom (New York Times)

Even if we grade on a very generous curve, many Americans flunk when it comes to financial literacy. Consider this three-item quiz: Suppose you had $100 in a savings account and the interest rate was 2 percent a year. After five years, how much do you think you would have if you left the money… Read more 10/5/2013 - Financial Literacy, Beyond the Classroom (New York Times)

10/4/2013 - The Great Retirement Income Hunt (Wall Street Journal)

How do 78 million baby boomers turn their nest eggs into income that can last as long as they do? Everyone in the U.S. retirement landscape—from federal regulators to 401(k) administrators and employers to workers themselves—is struggling to find a good answer. With $11 trillion at stake in tax-deferred retirement accounts, the financial-services industry also… Read more 10/4/2013 - The Great Retirement Income Hunt (Wall Street Journal)

10/2/2013 - How to Create a Self-Employed Budget (U.S. News & World Report)

Employees in today’s job market are increasingly opting out of traditional workplaces to join the fast-growing ranks of the self-employed. Read the full article at U.S. News & World Report.