Category: Financial Security 2014

3/18/2014 - The psychology of retirement saving

If it would surprise you to learn that the choice between eating a banana or chocolate in a lab experiment has helped to redefine the way Americans save, then you’re behind on the latest thinking in “behavioral finance”—the study of how human psychology impacts investing and markets—and that could cost you on the road to a comfortable… Read more 3/18/2014 - The psychology of retirement saving

3/18/2014 - Retirement: A third have less than $1,000 put away

Most people have very little tucked away for retirement, and many aren’t even trying to figure out how much they’ll need later in life, a new national survey reveals. Read the full article at USA Today.

3/13/2014 - Special Retirement Section in The New York Times

The New York Times contains a special Retirement section (3/13/2014). Some of the articles include: “The Best 401(k)s Set a Higher Bar for Others,” by Fran Hawthrone. – “The Gray Jobs Enigma,” by Steven Greenhouse. – “For Some, Age Is No Obstacle to Entrepreneurship,” By Kerry Hannon. – “The Science of Older and Wiser,” by… Read more 3/13/2014 - Special Retirement Section in The New York Times

3/12/2014 - Why the U.S. gets no medals for retirement

American exceptionalism — the concept that we’re qualitatively different from other nations — certainly doesn’t hold up in the area of retirement, according to two recent studies that compare the U.S. retirement system to those of other countries. Read the full article by Center on Longevity Consulting Research Scholar Steve Vernon at CBS MoneyWatch.

3/10/2014 - Nicholas Eberstadt and Michael W. Hodin: America Needs to Rethink 'Retirement'

Unleashing the economic power of older workers is essential for U.S. prosperity. Read the full article at The Wall Street Journal.

3/10/2014 - Keep retirement on track regardless of market direction

Staying the course in the midst of market volatility is a challenge for any investor, and especially so when taking cash flow distributions during retirement. An approach recommended by financial planner Jon Guyton is to craft a “Withdrawal Policy Statement” (WPS). The goal is to have a written plan of a specific course of action… Read more 3/10/2014 - Keep retirement on track regardless of market direction

3/6/2014 - Retirement: It's a family affair

The consequences of your retirement planning decisions often ripple out beyond just yourself and your spouse or partner, and these consequences can significantly impact your extended family and close friends in both positive and negative ways. Read the full article by Center on Longevity Consulting Research Scholar Steve Vernon at CBS MoneyWatch.

3/3/2014 - Fewer workers delaying retirement

The picture is brightening, at least somewhat, for full-time workers who have been putting off plans to retire, or thinking they could never do so, according to a new survey. Read the full article at MarketWatch.

2/27/2014 - Many delay retiring: Need more money, enjoy their jobs

Americans are still putting retirement on the back burner, but not just for financial reasons, according to a new survey. Many say they need the health insurance and benefits, and half say they just enjoy their jobs. Read the full article at USA Today.

2/25/2014 - U.S. ranks 19th in world for retirement security

U.S. retirees are facing worse conditions for their golden years than retired workers in many other developed countries — from Canada and the United Kingdom to South Korea. Read the full article at CNNMoney.