Category: Financial Security 2015

4/27/2015 - America's Workforce Is Aging And That's Just Fine

America’s workforce is aging, with nearly a third of workers now over 50 and employees over age 65 outnumbering teenage workers for the first time since 1948. Should we worry? Not at all, says a study by Aon Hewitt for AARP, the nonprofitmembership organization for people age 50 and over. The report, published Monday, asserts… Read more 4/27/2015 - America's Workforce Is Aging And That's Just Fine

4/24/2015 - What Sweden and Japan Can Teach the U.S. About Its Aging Workforce

Around the globe many countries are facing a similar question: how to cope with a population where older residents will soon outnumber those who are typically considered working age, and what to do about elderly citizens who may not have enough money to make ends meet for the duration of their lives. One of the… Read more 4/24/2015 - What Sweden and Japan Can Teach the U.S. About Its Aging Workforce

4/22/2015 - Why Gen Xers May Be More Prepared for Retirement Than Boomers

In the face of future hardship, some Gen Xers are actually improving their savings habits. Read the full article at Time.

4/21/2015 - Work in Retirement? Don’t Bet on It

Not saving enough for retirement? If you’re like many others in the same situation, you have probably decided you’ll make up for lost time by postponing retirement. But as an annual retirement survey released Tuesday makes clear, working longer often proves an elusive goal—and for many, it’s an unrealistic way to bail out a retirement savings deficit.… Read more 4/21/2015 - Work in Retirement? Don’t Bet on It

4/21/2015 - The Common Retirement Assumption That's Flat Wrong

In order to make up for retirement savings shortfalls, workers of all ages appear to be planning to retire later, on average, than similarly aged workers were in years past. But it’s not a solid strategy for retirement preparedness, because actual retirees continue to report that they retired before they expected, warns Craig Copeland, co-author of the Employee Benefit… Read more 4/21/2015 - The Common Retirement Assumption That's Flat Wrong

4/14/2015 - Boomers Retirement Confidence Falls To Five Year Low

Baby Boomer confidence in having enough income for a secure retirement has dropped to an all-time low of 27%, down from 37% in 2011. That’s the dismal news that Cathy Weatherford, president of the Insured Retirement Institute delivered to kick off National Retirement Savings Week, citing IRI’s newest study, Boomer Expectations For Retirement 2015. Read… Read more 4/14/2015 - Boomers Retirement Confidence Falls To Five Year Low

4/13/2015 - The fast rising health benefit that also helps you in retirement

Americans are growing much better at preparing for health expenses. The amount stashed in health savings accounts and health reimbursement accounts, which are funded with pre-tax dollars, reached $22.1 billion in 2014, almost quadruple the $5.7 billion saved in the accounts in 2008, according to data from the Employee Benefit Research Institute and a Greenwald… Read more 4/13/2015 - The fast rising health benefit that also helps you in retirement

4/9/2015 - Why You Will Need Less Money Than You Think for Retirement

Conventional wisdom says you need retirement income equal to 80% of your final salary. But there is a decent chance you could happily retire with far less. Read the full article at The Wall Street Journal.

4/3/2015 - The Biggest Hit to Your Retirement Savings: Living Too Long

If you have a decent-sized nest egg for retirement, or are on your way to amassing one, your retirement worries are only half solved. You still have to figure out how to make your money last as long as you do. That could be a complicated process even if you knew how long you were… Read more 4/3/2015 - The Biggest Hit to Your Retirement Savings: Living Too Long

4/3/2015 - Over 50 and Back in College, Preparing for a New Career

For many, a retirement of babysitting grandchildren, golfing and relaxing on the beach is passé. Older people today approach work as a pillar of a retirement lifestyle, planning ahead and adding skills even before leaving their current jobs. Read the full article at The New York Times.