Category: Financial Landing 2015

11/30/2015 - Graying Japan Tries to Embrace the Golden Years (The Wall Street Journal)

At an office-building construction site in the center of Japan’s capital, 67-year-old Kenichi Saito effortlessly stacks 44-pound boards with the ease of a man half his age.His secret: a bendable exoskeleton hugging his waist and thighs, with sensors attached to his skin. The sensors detect when Mr. Saito’s muscles start to move and direct the… Read more 11/30/2015 - Graying Japan Tries to Embrace the Golden Years (The Wall Street Journal)

11/29/2015 - Behavioral Economist Richard Thaler on the Key to Retirement Savings (The Wall Street Journal)

Retirement savings is probably behavioral economists’ greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard—figuring out how much to save—and requires self-control. And these are two of the most important things that are left out of traditional economics. The assumption that everybody will figure out how much they… Read more 11/29/2015 - Behavioral Economist Richard Thaler on the Key to Retirement Savings (The Wall Street Journal)

11/27/2015 - Financial Abuse of the Elderly: Sometimes Unnoticed, Always Predatory (The New York Times)

With 10,000 people turning 65 every day for the next decade, a growing pool of retirees are susceptible to such exploitation. As many as one in 20 older adults said they were financially mistreated in the recent past, according to a study financed by the Justice Department. Traditionally, such exploitation, whether by family, friends or… Read more 11/27/2015 - Financial Abuse of the Elderly: Sometimes Unnoticed, Always Predatory (The New York Times)

11/27/2015 - Student Debt in America: Lend With a Smile, Collect With a Fist (The New York Times)

According to the Federal Reserve Bank of New York, the number of active borrowers enrolled in college has declined to roughly nine million today from about 12 million in 2010. Yet the total amount of outstanding debt continues to increase, because many borrowers are not paying back their older loans. Read the full article in… Read more 11/27/2015 - Student Debt in America: Lend With a Smile, Collect With a Fist (The New York Times)

11/25/2015 - How Women Can Get Ahead of the Retirement Savings Gap (The Motley Fool)

When it comes to saving for retirement, women might be pleased to learn that they are more likely to enroll in their workplace savings plans than men and to save at higher rates. That’s the good news, according to a study released in November 2015 by investment management company Vanguard. The not-so-good news is that, even though… Read more 11/25/2015 - How Women Can Get Ahead of the Retirement Savings Gap (The Motley Fool)

11/24/2015 - When interest rates go up, what's that do to housing? (NPR Marketplace)

The S&P/Case-Shiller index of home prices out Tuesday is expected to show continued increases, and a looming interest rate increase from the Federal Reserve raises the question of whether there might be a cool down in the market sometime soon. But economists say the Fed’s rate hike is not expected to be like a lightning bolt,… Read more 11/24/2015 - When interest rates go up, what's that do to housing? (NPR Marketplace)

11/23/2015 - Beware the Retirement Splurge (Money)

While you’re supposed to need less money in retirement, new research shows many people are spending more—way more. When trying to figure out how much money you will need in retirement, the amount you plan to spend is obviously a huge factor. The general rule is that you will need approximately 80% of your preretirement… Read more 11/23/2015 - Beware the Retirement Splurge (Money)

11/23/2015 - What’s the Difference Between Good Debt and Bad Debt? (Money)

The word “debt” can incite feelings of dread, panic, and fear, but it doesn’t always have to. There is such a thing as good debt. For instance, certain debts help you build value, like debt you’d go into to buy a home or get an education Bad debt is any kind that doesn’t have a… Read more 11/23/2015 - What’s the Difference Between Good Debt and Bad Debt? (Money)

11/21/2015 - Many unhappy returns (The Economist)

“KEEP your eyes on the stars,” said Teddy Roosevelt, “and your feet on the ground.” America’s can-do spirit keeps its economy moving forward, but over-optimism can be harmful, especially if it leads people to make promises they cannot meet. If investment returns are lower in coming decades than they have been in recent ones, that… Read more 11/21/2015 - Many unhappy returns (The Economist)

11/20/2015 - BlackRock Warns of ‘Unintended Consequences’ From New Obama Retirement Proposal (The Wall Street Journal)

BlackRock Inc., the world’s largest money manager, is expected to push for broader changes to U.S. retirement law because of concerns about the “unintended consequences” of a new Obama administration plan designed to boost the savings of small business employees. The suggestions, included in a new policy paper reviewed by The Wall Street Journal, are a response… Read more 11/20/2015 - BlackRock Warns of ‘Unintended Consequences’ From New Obama Retirement Proposal (The Wall Street Journal)