Category: Financial Landing 2014

8/20/2014 - Fed report: Few saving for retirement (MarketWatch)

The Federal Reserve Board just released the results of a September 2013 survey, based on a nationally representative online panel, which was designed to monitor how well consumers have recovered from the financial crisis and to identify risks to their financial condition. While retirement was not the focus of the survey, it contained a number… Read more 8/20/2014 - Fed report: Few saving for retirement (MarketWatch)

8/19/2014 - Employees Are Falling For Roth 401(k)s (Forbes)

Employees saving for retirement in workplace 401(k) plans are increasingly choosing the Roth option, according to benefits consultant Aon Hewitt’s 2014 Universe Benchmarks report. Read the full article at Forbes.

8/16/2014 - Your 401(k) Is Healthy. So Maybe You Are, Too (NY Times)

What do retirement savings have to do with physical health? A new study from the journal Psychological Science finds that people who are good at planning their financial future are more likely to take steps to improve their physical health — and then actually become healthier. Read the full article at the New York Times.

8/14/2014 - Phased retirement: How Washington is leading the way (Reuters)

Gwendolyn Ross will turn 66 in November, but she isn’t ready to retire. A deputy comptroller for the U.S. Coast Guard in Miami Beach, Florida, she hopes to work until she’s 70 – but she would like to cut back her hours. Ross is a great candidate for a new federal government program that will… Read more 8/14/2014 - Phased retirement: How Washington is leading the way (Reuters)

8/14/2014 - The Truth About Retirement for Baby Boomers (WSJ)

One of the biggest changes in the U.S. labor market over the past two decades has been the increasing number of people working over the age of 55. From the end of World War II until the early 1990s, a smaller and smaller share remained in the labor force but since the 1990s that trend… Read more 8/14/2014 - The Truth About Retirement for Baby Boomers (WSJ)

8/13/2014 - Why Your Awesome 401(k) Match Is Worth Less Than Cash (Bloomberg Businessweek)

Many Americans apparently value their 401(k) matching funds more than cash money. A new survey by Fidelity found that 87 percent of 401(k) participants would take a job only if it offered a match, and the hypothetical offer of a bigger salary didn’t entice them to go matchless. Read the full article at Bloomberg Businessweek. 

8/11/2014 - Too Many Impoverished Elderly Overlook Government Help (Fox Business)

Millions of senior citizens are living in poverty without financial assistance from the federal government that they are eligible to claim. And according to research, most of them are single women. Read the full article at Fox Business.

8/9/2014 - How to save a million bucks for retirement (USA Today)

Some people have a million dollars or more saved for retirement, but most people have far less. USA TODAY asked Jeanne Thompson, a vice president at Fidelity Investments, for the best ways to boost your retirement savings. Read the full article at USA Today.

8/7/2014 - 5 Things to Know About Financial Literacy (U.S. News & World Report)

As we reported this week in our story on financial literacy, the PISA international survey recently found that American teens scored in the middle of the pack when it came to answering finance-related questions. We turned to two financial literacy experts to discuss how teachers and parents can help make money lessons stick. Read the full… Read more 8/7/2014 - 5 Things to Know About Financial Literacy (U.S. News & World Report)

8/5/2014 - Can you blame baby boomers for refusing to retire? (LA Times)

According to a report released last week by the Bureau of Labor Statistics, 22.2% of American workers are over the age of 55, making our workforce the oldest it has ever been. Baby boomers, it seems, can’t (or won’t) retire. Read the full article at the Los Angeles Times.