Category: Financial Security 2014
7/22/2014 - When couples disagree on when to retire (USA Today)
by mbeals on July 22, 2014 6:37 pm
Los Angeles psychologist James Gottfurcht has worked with people facing this dilemma including a couple in their mid-50s who came up with a clever resolution. Read the full article at USA Today.
7/22/2014 - How Much Will You Need to Retire?
by admin on July 22, 2014 12:13 pm
The classic idea of retirement is a life of uninterrupted leisure is evolving. With people living longer, they’re more active in the early years of retirement, and many choose to focus this energy on a retirement lifestyle that’s much different than the stereotype. In this kind of retirement, people may do volunteer work, start a… Read more 7/22/2014 - How Much Will You Need to Retire?
7/19/2014 - More baby boomers try their luck as entrepreneurs with start-ups
by mbeals on July 21, 2014 10:52 pm
Despite the challenges, baby boomers are taking over a growing share of business start-ups, even as overall rates of entrepreneurship decline. Read the full article at the Star Tribune.
7/21/2014 - Yellen Wage Gauges Blurred by Boomer-Millennial Shift
by admin on July 21, 2014 8:39 pm
As today’s middle-aged Americans grow older, they are leaving their prime working years behind, trading big salaries for part-time gigs or retirement, just as an even larger group of young people come into the labor force at entry-level salaries. The seismic shift may be one reason behind the sub-par wage growth that Yellen says still shows “significant… Read more 7/21/2014 - Yellen Wage Gauges Blurred by Boomer-Millennial Shift
7/18/2014 - Learning to Make Work More Like Summer Camp
by admin on July 18, 2014 8:44 pm
As baby boomers redefine retirement and puzzle about how to stretch their nest eggs, they are negotiating the boundaries between work and leisure. In a 2013 study conducted by Merrill Lynch and the consulting firm Age Wave, 70 percent of preretirees said they wanted to work after retirement but most were “seeking flexible work arrangements… Read more 7/18/2014 - Learning to Make Work More Like Summer Camp
7/17/2014 - Latest Wrinkle In The Jobs Debate: Blame The Boomers
by admin on July 17, 2014 11:44 pm
Since late 2007, the U.S. labor force has shrunk significantly, raising questions about where former workers have gone and why. Now the White House Council of Economic Advisers says it has found answers and has compiled them into a detailed research report released Thursday. As it turns out, most of the missing workers have been hiding in… Read more 7/17/2014 - Latest Wrinkle In The Jobs Debate: Blame The Boomers
7/16/2014 - Yes, there is a retirement savings shortfall
by admin on July 16, 2014 7:09 pm
In an article in National Affairs, Andrew Biggs, of the American Enterprise Institute and Sylvester Schieber, an independent pension consultant and former chairman of the Social Security Advisory Board, question whether we are, in fact, facing a pensions crisis. Read the full article at MarketWatch.
7/14/2014 - Why Taxing the Rich is the Wrong Way to Fix Social Security
by admin on July 14, 2014 8:41 pm
It may feel good to jack up payments by wealthier earners, but Social Security is a safety net, not a tax collector. Read the full article at Time.
7/13/2014 - Retirement saving makes one wealthy, healthy
by admin on July 13, 2014 5:15 pm
Workers who are saving for retirement are more inclined to care of their health than those who aren’t salting away money in their nest egg, according to a study conducted by Lamar Pierce, an associate professor at Washington University, and doctoral candidate Timothy Gubler. Read the full article at USA Today.
7/7/2014 - Many workers put off retirement, take 'encore' jobs
by mbeals on July 8, 2014 5:39 pm
In the aftermath of the Great Recession, encore careers have caught on among baby boomers, some of whom recoil at the notion of conventional retirement — or aren’t financially prepared. Read the full article at the Los Angeles Times.
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