Category: Financial Landing 2015

3/16/2015 - A Purposeful Retirement for 30-Somethings (U.S. News & World Report)

As humans, we all fear what we don’t know. That’s why the thought of whether we’ll be financially prepared for our golden years can be worrisome. Many 30-somethings are just now beginning to think about retirement and the possibility that one day working will be optional for them. There is no denying that many of… Read more 3/16/2015 - A Purposeful Retirement for 30-Somethings (U.S. News & World Report)

3/15/2015 - Your Retirement Fund: Smart Ways to Withdraw (USA Today)

The basic concept of retirement accounts such as IRAs and 401(k)s: While you work, you put money in; when you retire, you take money out. For maximum benefit from your retirement income, though, you need a withdrawal strategy. Some additional factors to consider: your projected spending at various stages of retirement; your total projected income and… Read more 3/15/2015 - Your Retirement Fund: Smart Ways to Withdraw (USA Today)

3/13/2015 - Rotary and Peace Corps Find Relevance with Retirees (The New York Times)

Older volunteers like Mr. Crumley are on the rise, as Americans live longer and are healthier. In 2013, 24.2 percent of Americans over 65, 10.6 million people, did some type of volunteer work, up from 22.7 percent in 2002, and that number is expected to rise to more than 13 million by 2020, according to… Read more 3/13/2015 - Rotary and Peace Corps Find Relevance with Retirees (The New York Times)

3/12/2015 - 'Boomerang Kids' Are Ruining Their Parents' Retirement (NBC News)

Those 65 years or older with financially independent children are more than twice as likely to be retired than people of the same age group who financially support their adult children, according to a new report that retirement market research firm Hearts & Wallets shared with CNBC.com.  That’s because those who are still supporting their… Read more 3/12/2015 - 'Boomerang Kids' Are Ruining Their Parents' Retirement (NBC News)

3/11/2015 - Retirement Reality Is Catching Up With Me (The New York Times)

Many people don’t invest for retirement at all, according to a report by the National Institute on Retirement Security. Some 45 percent of working-age households have no retirement account assets, while the overall national median retirement account balance is just $3,000. Read the full article in The New York Times.

3/10/2015 - Obama Signs 'Student Aid Bill of Rights' to Help Protect Borrowers (The New York Times)

 President Obama on Tuesday signed what he called a “Student Aid Bill of Rights” that he said would help students deal with the growing burden of college loans. With the memorandum, Mr. Obama directed federal agencies to take steps to make it easier for college students to finance their education, pay back their loans and avoid… Read more 3/10/2015 - Obama Signs 'Student Aid Bill of Rights' to Help Protect Borrowers (The New York Times)

3/10/2015 - The Numbers Add Up To This: Less and Less Opportunity for Poor Kids (NPR)

In this country, all children are supposed to have a shot at success — a chance to jump “from rags to riches” in one generation.Even if riches remain out of reach, then the belief has been that every hard-working American should be able to go from poverty to the middle class. On Tuesday, a book… Read more 3/10/2015 - The Numbers Add Up To This: Less and Less Opportunity for Poor Kids (NPR)

3/9/2015 - 4 Serious Retirement Plan Errors to Avoid (U.S. News & World Report)

Tax-advantaged retirement plans provide many workers with a chance to save for the future and reduce their tax bill at the same time. Employer-sponsored retirement plans are easy to use, and many contributions are deducted from paychecks, so the investing becomes automatic. However, retirement accounts also require workers to make important decisions, and many investors make mistakes… Read more 3/9/2015 - 4 Serious Retirement Plan Errors to Avoid (U.S. News & World Report)

3/8/2015 - Securing Retirement Income with Annuities (USA Today)

The ultimate goal of retirement planning is to have a sufficient income for as long as you live. One possible strategy to help you with that goal is to invest a part of your 401(k) in a longevity annuity. Here, you pay a premium to an insurance company in exchange for a lifetime income that… Read more 3/8/2015 - Securing Retirement Income with Annuities (USA Today)

3/6/2015 - Retirement in a Community, but Which One? (The New York Times)

Choosing where to live could be the single most important and difficult decision retirees will make. While it’s not impossible to undo a wrong decision, making the right one the first time is far less painful, emotionally and financially. As baby boomers move toward retirement or plan for it, 4.5 percent of those ages 55 to 65… Read more 3/6/2015 - Retirement in a Community, but Which One? (The New York Times)