Category: Financial Landing 2015

4/25/2015 - 5 things you need to have a successful retirement (MarketWatch)

You’re either part of the 58% of workers who are at least reasonably confident about having enough money for retirement, or you’re in the parts of the populace that are significantly more nervous about their future. You either have a financial plan, which is boosting your confidence, or you lack a plan, which is holding… Read more 4/25/2015 - 5 things you need to have a successful retirement (MarketWatch)

4/23/2015 - Many Millennials on Track for a Secure Retirement (ThinkAdvisor)

“There are some encouraging signs that millennials are saving at an appropriate rate,” said Ed Farrington, executive vice president, Retirement and Business Development at Natixis, which recently published the results of its Global Retirement Security Index. Natixis surveyed approximately 1,000 individuals for its recent study, including pre-retirees, Gen-Xers, and millennials. As part of the survey,… Read more 4/23/2015 - Many Millennials on Track for a Secure Retirement (ThinkAdvisor)

4/21/2015 - Retirement Planning Should Consider the Unexpected (PlanAdviser)

Sixteen percent of workers in the 2015 Retirement Confidence Survey (RCS) from the Employee Benefit Research Institute (EBRI) say the age at which they expect to retire has changed in the past year, and of those, the large majority (81%) report their expected retirement age has increased. Just 9% of workers say they plan to… Read more 4/21/2015 - Retirement Planning Should Consider the Unexpected (PlanAdviser)

4/22/2015 - Pensioners risk overestimating Social Security benefits (Reuters)

Some U.S. workers who have paid into the Social Security system are in for a rude awakening when the checks start coming: Their benefits could be chopped up to $413 per month.That is the maximum potential cut for 2015 stemming from the Windfall Elimination Provision (WEP), a little-understood rule that was signed into law in… Read more 4/22/2015 - Pensioners risk overestimating Social Security benefits (Reuters)

4/22/2015 - Married Workers Save the Most for Retirement (BenefitsPro)

Not just gender, but marital status figure into whether someone is saving enough—if at all—for retirement.That’s according to the 2015 Retirement Confidence Survey from the Employee Benefit Research Institute, which found that not just the act of saving for retirement, but the rate of saving is higher among married workers than any other segment of the… Read more 4/22/2015 - Married Workers Save the Most for Retirement (BenefitsPro)

4/20/2015 - 5 Vital Questions To Ask Before Retirement (Forbes)

Retirement is one of the biggest life changes you ever make. Think through all the smaller changes also likely to happen to you. Be prepared before the big day comes. What is next? You spent your entire adult life working. Now it’s time to move from your job into retirement. Better first define what “retirement”… Read more 4/20/2015 - 5 Vital Questions To Ask Before Retirement (Forbes)

4/20/2015 - To Help Mom and Dad Avoid Financial Scams, Just Talk to Them (NBC News)

The elderly are vulnerable in many ways, but financial fraud is one of the more pernicious. About 1 in 8 of the cases reported to the National Center on Elder Abuse relates to finances, and the average fraud takes$30,000 out of a senior’s pocket. Like other types of abuse, most elder financial fraud happens in the… Read more 4/20/2015 - To Help Mom and Dad Avoid Financial Scams, Just Talk to Them (NBC News)

4/20/2015 - U.S. Parents' College Funding Worries are Top Money Concern (Gallup)

More U.S. parents worry about having enough money to pay for their children’s college education than other Americans worry about any common financial concerns. The 73% of parents of children younger than 18 who worry about funding college tops the 70% of lower-income Americans who worry about having enough money to pay for medical costs… Read more 4/20/2015 - U.S. Parents' College Funding Worries are Top Money Concern (Gallup)

4/17/2015 - Rules to Make Retirement Investing Safer (The New York Times)

In a giant step forward for investor protection, the Department of Labor proposed new rules this week to ensure that financial advisers act solely in their clients’ best interests when giving advice and selling products for retirement accounts. The new standard of fiduciary duty would bar stockbrokers, insurance agents and other financial professionals from increasing their pay… Read more 4/17/2015 - Rules to Make Retirement Investing Safer (The New York Times)

4/16/2015 - At what age can you really retire? (CNBC)

Nearly three out of 10 workers expect to retire before they’re 65, according the Employee Benefit Research Institute. Unfortunately, many Americans are financially unprepared to retire at all. A new survey finds 40 percent of baby boomers have nothing saved for retirement and 21 percent have less than $100,000 saved. You don’t want to just leave your retirement… Read more 4/16/2015 - At what age can you really retire? (CNBC)