Category: financial security 2013

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

5/15/2013 - Retirement savers lose $117,000 to unexpected events

by on May 15, 2013 5:23 pm
Unexpected setbacks, ranging from stock market declines to suddenly supporting an adult child, have taken a major hit to Baby Boomers’ retirement savings, according to a recent survey. Read the full article at CNN Money.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

5/14/2013 - Covering the Rising Cost of Long-Term Care

by on May 14, 2013 5:24 pm
FEW sticker shocks are as bracing as the price of hiring someone to help with the simplest activities — bathing, toilet use, dressing, eating and moving. Whether recovering from surgery or a stroke or suffering a chronic illness like arthritis, those needing skilled help need deep pockets indeed. Read the full article at The New… Read more 5/14/2013 - Covering the Rising Cost of Long-Term Care

5/14/2013 - Making a Move Abroad, and Working There, Too

by on May 14, 2013 5:19 pm
Simply retiring abroad has become old news, as people seek cheaper places to live and to slash health care costs while enjoying more temperate climes. But now enjoying a “working retirement” appears to be gaining traction with expats, as it has in the United States. Read the full article at The New York Times.

5/14/2013 - Filling Up an Empty Nest

by on May 14, 2013 5:17 pm
Retiring from work? Then it might be time to think about raising a family. Some brave older adults are turning the idea of retirement on its head by choosing to adopt children — this when many of their peers are traveling, socializing, taking up intellectual or entrepreneurial pursuits, or just plain relaxing. Read the full… Read more 5/14/2013 - Filling Up an Empty Nest

5/14/2013 - How They Do It Elsewhere

by on May 14, 2013 5:13 pm
The United States can boast that it has the world’s best basketball players, fighter jets and country and western singers. But hardly anyone would ever boast that the United States has the world’s best retirement system. Read the full article at The New York Times.

5/12/2013 - Unlike Boomers, Millennials appear to be super savers

by on May 12, 2013 5:35 pm
When Keith Farner was 14, he made $2,000 at a summer job. Instead of buying the Xbox he’d been wanting, his parents helped him open a Roth IRA. The 30-year-old, who lives in Athens, Ga., now has more than $30,000 saved. While Farner may have gotten an earlier start on retirement than most, a new… Read more 5/12/2013 - Unlike Boomers, Millennials appear to be super savers
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

5/7/2013 - Many Americans say they can't retire until their 70s or 80s

by on May 7, 2013 9:41 pm
It’s the new retirement: More than four in 10 Americans think they’ll have to work into their 70s or 80s because they can’t afford to retire, according to a new survey. One in 10 people expects to toil into their 80s, while 32% expect to be on the job into their 70s, according to the… Read more 5/7/2013 - Many Americans say they can't retire until their 70s or 80s

5/6/2013 - Health concerns top list of retirement worries in U.S.

by on May 6, 2013 5:43 pm
Health problems and the cost of healthcare are the biggest concerns for those entering retirement, according to a study released on Monday from Bank of America Corp’s Merrill Lynch. 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

5/2/2013 - Time to wake from the American Dream and face retirement reality

by on May 2, 2013 6:01 pm
The retirement plans of more and more Americans are about as connected to reality as Grimm’s Fairy Tales. Grim is exactly what it is going to be for these folks when, in their 70s, their 401(k)s have petered out, they have no pensions and no income except what they get from the tottering Social Security… Read more 5/2/2013 - Time to wake from the American Dream and face retirement reality
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

4/27/2013 - Loans Borrowed Against Pensions Squeeze Retirees

by on May 1, 2013 10:01 pm
To retirees, the offers can sound like the answer to every money worry: convert tomorrow’s pension checks into today’s hard cash. But these offers, known as pension advances, are having devastating financial consequences for a growing number of older Americans, threatening their retirement savings and plunging them further into debt. Read the full article at… Read more 4/27/2013 - Loans Borrowed Against Pensions Squeeze Retirees