Category: Financial Security 2014

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

7/7/2014 - When your aging parents need a daily money manager

by on July 7, 2014 4:30 pm
Demand for daily money management services as America ages is likely to grow significantly, but at least for now the profession is virtually unknown. The American Association of Daily Money Managers (AADMM) , the profession’s primary trade group, has only about 700 members nationwide. 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

7/4/2014 - Some States Look to Fill a Retirement Savings Gap

by on July 7, 2014 3:52 pm
With more and more retirees at risk, 17 states are examining simple, low-cost plans that would allow workers to direct pretax money from their paychecks to a retirement account. Read the full article at The New York Times.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

7/1/2014 - Why Our Retirement System Should Be More Like Australia's

by on July 2, 2014 3:11 pm
The Australian system, with its three-pronged approach, also offers a model for the U.S., especially as the country faces the impending retirement of the baby-boomer generation and the fact that baby boomers, Generation Xers, and millennials are at risk of not accumulating enough cash to sustain their lifestyle as they age. Read the full article… Read more 7/1/2014 - Why Our Retirement System Should Be More Like Australia's
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

7/1/2014 - Longevity insurance joins the menu of retirement plan options

by on July 1, 2014 4:07 pm
New tax rules will make it possible for workers to buy a type of annuity often called longevity insurance inside their retirement plans. The annuity aims to protect people from exhausting their savings in their later years. Read the full article at CNBC.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

6/30/2014 - Don’t let kids’ tuitions rob your retirement

by on June 30, 2014 3:54 pm
Many retirees realize that retirement is a long road and that most aren’t prepared for the financial challenges that we’re likely to face. Rapidly rising health-care costs, rising fuel prices and low interest rates aren’t making things any easier for today’s retiree. Not to mention another risk: You and your kind heart. Read the full… Read more 6/30/2014 - Don’t let kids’ tuitions rob your retirement
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

6/26/2014 - Why Same-Sex Families Lag Straight Families on Retirement Savings

by on June 26, 2014 6:37 pm
A new survey finds that gays and lesbians with kids have about 20% less socked away than straight couples. Read the full article at Time.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

6/22/2014 - Retired couples wrestle over money issues

by on June 22, 2014 4:50 pm
Retirees often feel extra stress about money because of scarcity and not earning an income. Read the full article at USA Today.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

6/20/2014 - States facing rising tide of retirement

by on June 20, 2014 7:17 pm
Aging baby boomers are showing signs they are willing to relinquish their jobs as the Great Recession recedes, bringing on the wave of retirements that state governments feared. Read the full article at USA Today.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

6/20/2014 - It’s Official: The Boomerang Kids Won’t Leave

by on June 20, 2014 5:47 pm
One in five people in their 20s and early 30s is currently living with his or her parents. And 60 percent of all young adults receive financial support from them. That’s a significant increase from a generation ago, when only one in 10 young adults moved back home and few received financial support. The common… Read more 6/20/2014 - It’s Official: The Boomerang Kids Won’t Leave

6/19/2014 - How Your State Rates In Terms Of Long-Term Care

by on June 19, 2014 10:27 pm
In just 12 years, the oldest members of the huge baby-boom generation will turn 80. Many will need some kind of long-term care. A new study from AARP says that care could vary dramatically in cost and quality depending on where they live. Read the full article at National Public Radio (NPR).