Category: financial security 2013
1/30/2013 - The Health-Care Law and Retirement Savings
by admin on January 30, 2013 5:26 pm
Because of its definition of affordability, beginning next year the Affordable Care Act may affect retirement savings. Read the full article at The New York Times.
1/29/2013 - Sandwich generation takes a hit supporting adult children and aging parents
by admin on January 30, 2013 5:22 pm
More parents are providing significant financial support for their adult children even as they cope with the needs of their own aging parents, according to a new survey of the middle-aged “sandwich generation.” Read the full article at The Washington Post.
1/22/2013 - Working Longer: Still the Best Path to a Better Retirement
by admin on January 22, 2013 7:42 pm
Today, of course, employers are in the driver’s seat when it comes to finding a job. Millions of people have been out of work for a long period of time. For older workers in particular, it’s especially tough to find a new job. There will come a day, however, when the equation shifts. As this… Read more 1/22/2013 - Working Longer: Still the Best Path to a Better Retirement
1/18/2013 - How Healthcare Spending May Derail Your Retirement
by admin on January 18, 2013 9:56 pm
A major research effort by AARP provides projections on the size of medical bills that may await you. The big seniors’ group launched a major project this week to support efforts to help reverse the economic damage experienced during the past several decades by the middle class, or what’s left of it. As part of… Read more 1/18/2013 - How Healthcare Spending May Derail Your Retirement
1/18/2013 - Are Young Workers On Track For Retirement--Or Smoking Something?
by admin on January 18, 2013 9:52 pm
In a survey of defined contribution plan participants conducted last October by State Street Global Advisors and the Boston Research Group, 82% of those under 25 said they were on track to have enough saved to meet their retirement goals. That compares with the 54% of those aged 35 to 44 and 63% of those… Read more 1/18/2013 - Are Young Workers On Track For Retirement--Or Smoking Something?
1/18/2013 - The Impact of Baby Boomers Working Past 65
by admin on January 18, 2013 9:45 pm
Today, reaching age 65 does not automatically mean it’s time to retire. The promise of a relaxing and stress-free retirement has been replaced in many cases by the reality that people are not prepared to retire. Some employees cannot afford to retire or are just plain afraid to retire. Age 65 is now just another… Read more 1/18/2013 - The Impact of Baby Boomers Working Past 65
1/17/2013 - The high cost of raising the Medicare age
by admin on January 17, 2013 6:20 pm
Medicare reform is back in the spotlight as the White House and Congress gear up for another deficit reduction battle in coming weeks. President Obama has said he’d be willing to make modest changes to Medicare as part of the debt ceiling negotiations, while House Republicans are looking to overhaul the troubled entitlement programs. Read… Read more 1/17/2013 - The high cost of raising the Medicare age
1/16/2013 - U.S. business executives call for raising retirement age to 70
by admin on January 16, 2013 6:15 pm
A business group of top executives on Wednesday proposed reforms to Social Security and Medicare that would raise the enrollment age for both programs to 70 but not raise Social Security taxes paid by upper-income Americans. Read the full article at Reuters.
1/2/2013 - Aging Americans May Weigh on Entitlement Cuts: Chart of the Day
by admin on January 2, 2013 7:58 pm
Growth in the number of Americans ages 65 to 74 is due to peak this year and slow for most of the next quarter-century, according to estimates by the Census Bureau. Within a decade, the 75-and-up age bracket will increase at a faster pace. Read the full article at Bloomberg.
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