Category: Financial Security 2014

2/18/2014 - Longevity Challenge: Can You Ever Afford to Retire?

Bob Kerrey, former Governor of Nebraska and Andy Sieg, head of global wealth & retirement solutions at Bank of America Merrill Lynch, examine the challenge of providing for a long retirement on Bloomberg Television’s “Bloomberg Surveillance.” Watch the video at Bloomberg TV.    

2/18/2014 - Retirement Strategies for the Self-Employed

Consistently saving for retirement can be particularly challenging for small business owners. Read the full article at US News and World Report.

2/11/2014 - Can the government get us to save more for retirement?

Last year, 46% of workers had less than $10,000 saved for retirement, according to a 2013 report from the Employee Benefit Research Institute. Meanwhile, around half of all workers and the majority of part-time workers didn’t receive any retirement benefits at all from their employer, making it even more difficult for them to save. Read… Read more 2/11/2014 - Can the government get us to save more for retirement?

2/10/2014 - Boomers Turn On, Tune In, Drop Out of U.S. Labor Force

The share of Americans in the labor force, known as the participation rate, is hovering around an almost four-decade low as the population ages and discouraged job seekers give up looking for work. Federal Reserve research shows retirees are at the forefront of the recent exodus, which blunts the impact of policy aimed at boosting… Read more 2/10/2014 - Boomers Turn On, Tune In, Drop Out of U.S. Labor Force

2/10/2014 - Reasons to be Wary of State-Run Retirement Plans

Given how poorly states like California and Illinois have funded the pension funds for their own employees, one would think that this would stop dead in its tracks any plan to have the government assist in managing private sector funds too. The spate of recent activity, however, suggests otherwise. Read the full article at Forbes.

2/7/2014 - For Many Older Americans, an Enterprising Path

According to a recent study published by the Kauffman Foundation and Legal Zoom, in 2013, about 20 percent of all new businesses were started by entrepreneurs aged 50 to 59 years, and 15 percent were 60 and over. And, in fact, over the last decade, the highest rate of entrepreneurial activity belongs to those in… Read more 2/7/2014 - For Many Older Americans, an Enterprising Path

2/7/2014 - Retirement planning for the very long-term

The world’s population is aging, rapidly. So much so in fact that roughly one in six people is expected to be 65 and older by 2050, double the proportion today, according to a recent Pew Research Center report. Put another way, the global population of people ages 65 and older is expected to triple from… Read more 2/7/2014 - Retirement planning for the very long-term

2/5/2014 - Let's redefine what retirement means

Retirement sure isn’t what it used to be. Demographic trends and economic uncertainties are making the current definition obsolete for the next generation of “retirees.” So, to plan more effectively for the last half of our lives, we need to embrace new ways of thinking about retirement that are supported by recent research, insights and… Read more 2/5/2014 - Let's redefine what retirement means

2/3/2014 - How Much Stock Should You Own in Retirement?

Experts are starting to rethink how much stock people should hold in retirement. Read the full article at The Wall Street Journal.

2/3/2014 - How could myRA and other proposals help with your retirement?

The U.S. retirement system isn’t working for millions of American workers. They need more help in preparing for a secure retirement. These two powerful statements were the underlying messages of President Obama’s executive action to implement “myRA” accounts, and Senator Tom Harkin’s (D-IA) proposal to establish USA Retirement Funds, both of which were announced last… Read more 2/3/2014 - How could myRA and other proposals help with your retirement?