Category: Financial Landing 2015

4/15/2015 - New Proposed Rules for Retirement Investments (Marketplace)

Federal regulators are proposing new rules to protect retirement savings. As part of Obama’s stated plan to bolster the middle class, the Labor Department proposed changes to the Employee Retirement Income Security Act.The rules are designed to protect retirees from investment brokers who put their own financial interests above their clients and eliminate conflicts of… Read more 4/15/2015 - New Proposed Rules for Retirement Investments (Marketplace)

4/14/2015 - Some retirees say: "Retire as soon as you can" (CBS Moneywatch)

Retire early if you can afford it — you’re the healthiest and most active you’re going to be and can still enjoy life. That’s the message from a survey of recent retireesconducted by New York Life Insurance Co., which found 46 percent of retired men and women reported if they could do it over, they would… Read more 4/14/2015 - Some retirees say: "Retire as soon as you can" (CBS Moneywatch)

4/11/2015 - For Millennials Goal is Financial Freedom (USA Today)

When it comes to mapping out financial futures, some financial planners are finding that Millennials prefer to work with those who understand their generation. They are a group that is likely to have several jobs over the course of a lifetime, may decide to rent rather than own, and is used to being able to… Read more 4/11/2015 - For Millennials Goal is Financial Freedom (USA Today)

4/12/2015 - The Fiscal Challenge of an Aging Population

There’s a demographic time bomb that’s about to go off. Here’s what governments should do to get their finances in order. Read the full article at The Wall Street Journal.

4/10/2015 - When I'm 64, or Maybe 63? Public Views about the Retirement Age (Huffington Post)

While in recent years public controversy about retirement age has centered around how long workers need to stay in the workforce to ensure financial stability in retirement, in earlier decades the contentious issue was mandatory retirement — forcing workers to retire before they wished to. In 1955, Gallup asked if it was a good idea… Read more 4/10/2015 - When I'm 64, or Maybe 63? Public Views about the Retirement Age (Huffington Post)

4/10/2015 - Renovation vs. Relocation in Retirement (The New York Times)

Should you downsize and move to a new neighborhood? Or renovate the family residence to suit your retirement needs and lock in for the long term? It is one of the most vexing questions older people face as they plan the shift from a working life to retirement. An estimated 36 percent of retirees plan to stay in… Read more 4/10/2015 - Renovation vs. Relocation in Retirement (The New York Times)

4/8/2015 - 1 in 3 Older Workers Likely to be Poor or Near Poor in Retirement (Money)

A third of U.S. workers nearing retirement are destined to live in or near poverty after leaving their jobs, new research shows. One underlying cause: a sharp decline in employer-sponsored retirement plans over the past 15 years. Just 53% of workers aged 25-64 had access to an employer-sponsored retirement savings plan in 2011, down from… Read more 4/8/2015 - 1 in 3 Older Workers Likely to be Poor or Near Poor in Retirement (Money)

4/7/2015 - Modern-Day 401(k) plan emerging (BenefitsPro)

The defined contribution plan is evolving globally, as companies increasingly move toward a hybrid of DC and some of the elements of defined benefit plans. So say the results of the Vanguard survey, “Global Trends in DB and DC Plans,” which also found that DC plans are emerging as the predominant retirement plan structure not… Read more 4/7/2015 - Modern-Day 401(k) plan emerging (BenefitsPro)

4/6/2015 - Survey: Saving for retirement is not a priority for many (Benefits Pro)

A full 45 percent of non-retired Americans are not saving for retirement, according to a study by financial services firm Edward Jones. The study, based on interviews with 1,009 Americans both retired and non-retired, further found that 8 percent said they had no intention to save for retirement at all at any point in their… Read more 4/6/2015 - Survey: Saving for retirement is not a priority for many (Benefits Pro)

4/6/2015 - Is Cash-Free Really The Way to Be? Maybe Not for Millennials (NPR)

Smartphones have new, seamless ways to purchase stuff lightning fast, with just a tap. With these new digital technologies available for mobile payment, many young people are ditching cash and plastic altogether.But is traditional payment dead? According to Doug Conover, an analyst with the Federal Reserve Bank of San Francisco, not exactly. The Federal Reserve… Read more 4/6/2015 - Is Cash-Free Really The Way to Be? Maybe Not for Millennials (NPR)