Category: Financial Landing 2014

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

1/30/2014 - Obama Starter Retirement Plan Lacks Many 401(k) Features: Taxes (Bloomberg)

by on February 3, 2014 2:52 pm
President Barack Obama’s new retirement accounts lack the most popular features of 401(k) plans. They offer no matching contributions, no prospect for eye-popping returns and no track record of employer support. Obama’s plan also relies on low-income workers being willing to do something they often can’t — set aside money in savings when they have… Read more 1/30/2014 - Obama Starter Retirement Plan Lacks Many 401(k) Features: Taxes (Bloomberg)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/27/2014 - How Seniors Are Paying for Retirement (US News & World Report)

by on January 28, 2014 6:01 pm
Unlike most adults who depend on a single paycheck, most retirees receive income from several sources. Monthly Social Security payments, income from savings and investments and a part-time job are among the most common ways seniors are financing their retirement years. These and other retirement income streams produced an average income of $31,742 for people… Read more 1/27/2014 - How Seniors Are Paying for Retirement (US News & World Report)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/24/2014 - Don't Count Out Aging Workers (US News & World Report)

by on January 27, 2014 6:45 pm
If you lose your job in middle age or later, you may suddenly find yourself in dire straits. When the pink slip comes, it does not matter how many years you have put in or how dedicated you might be to the company. Whether the reason is reorganization, right-sizing or offshoring, aging employees can find… Read more 1/24/2014 - Don't Count Out Aging Workers (US News & World Report)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/22/2013 - Health Care Consumes Over a Third of Social Security Checks (Huffington Post)

by on January 23, 2014 9:06 pm
Out-of-pocket health care costs for seniors consumed over a third – 37 percent – of the average Social Security check in 2010, according to a new analysis by Social Security Works of data from the Center for Medicare and Medicaid Services. Read the full article at The Huffington Post.
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/21/2014 - Generation X faces biggest retirement hurdles (BenefitsPro)

by on January 23, 2014 5:11 pm
Baby boomers are not as prepared as they should be for retirement, but it is Generation X that faces the biggest financial threat in the future, according to a study by Financial Finesse. The study looked at the financial strengths, weaknesses, opportunities and threats to the Millennials, Generation X, late baby boomers and early baby… Read more 1/21/2014 - Generation X faces biggest retirement hurdles (BenefitsPro)

1/20/2014 - Study: Overconfidence or Underconfidence Breeds Danger for Retirement Planning (Financial Advisor)

by on January 21, 2014 6:15 pm
A new study by the National Association of Retirement Plan Participants (Narpp) said there are dangers for workers being overconfident or underconfident about their financial knowledge. After surveying 5,000 defined-contribution-plan participants on their perceived financial literacy and testing them to find their actual comprehension last fall, Narpp found 20 percent were overconfident and 23 percent… Read more 1/20/2014 - Study: Overconfidence or Underconfidence Breeds Danger for Retirement Planning (Financial Advisor)

1/20/2014 - Many Baby Boomers Reluctant to Retire (Gallup)

by on January 21, 2014 6:12 pm
True to their “live to work” reputation, some baby boomers are digging in their heels at the workplace as they approach the traditional retirement age of 65. While the average age at which U.S. retirees say they retired has risen steadily from 57 to 61 in the past two decades, boomers — the youngest of… Read more 1/20/2014 - Many Baby Boomers Reluctant to Retire (Gallup)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/16/2014 - How to cut health-care costs in retirement (MarketWatch)

by on January 16, 2014 11:50 pm
Medicare beneficiaries spent on average $3,324 a year of their own money on health care in 2010, according to a recent AARP report. But 10% of beneficiaries — almost five million people — spent more than $8,030, according to the report. So, what can you do to trim those kind health-care costs in retirement? Financial… Read more 1/16/2014 - How to cut health-care costs in retirement (MarketWatch)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/14/2014 - A working retirement is the new status quo (MarketWatch)

by on January 16, 2014 5:25 pm
Does retirement mean you don’t work? Not necessarily. One of my high school friends joined the navy at age 18 and retired with a nice benefits package at age 38. After that, he worked as a county sheriff for a couple of decades and received full retirement pay from that job as well. Many of… Read more 1/14/2014 - A working retirement is the new status quo (MarketWatch)
Notice: Undefined variable: raw_excerpt in /Library/Server/Web/Data/Sites/Default/wp-content/themes/cardinal/Cardinal.php on line 1888

1/14/2014 - Are You Thinking About End-of-Life Care? You Should Be. (Huffington Post)

by on January 16, 2014 5:23 pm
Most working Americans are aware of the benefits of saving money with a 401k or IRA so that they are prepared for retirement. They might not have the greatest understanding about how to invest the money in those funds, but they know that they really can’t consider retiring without one. A Living Will, on the… Read more 1/14/2014 - Are You Thinking About End-of-Life Care? You Should Be. (Huffington Post)