Category: Financial Security 2016
4/22/2016 - Rich People Are Living Longer. That’s Tilting Social Security in Their Favor.
by admin on April 22, 2016 6:35 pm
a large body of research shows that the rich live longer — and that the life span gap between rich and poor is growing. And that means that the progressive ideal built into the design of Social Security is, gradually, being thwarted. In some circumstances, the program can actually be regressive, offering richer benefits to… Read more 4/22/2016 - Rich People Are Living Longer. That’s Tilting Social Security in Their Favor.
4/20/2016 - Retirement Life: Women And Men Do It Very Differently
by admin on April 20, 2016 4:39 pm
Imagine you’re about to retire. Clean slate, free days. What will you do with yourself? The answer depends, in large part, on whether you’re a woman or a man. Read the full article at Forbes.
4/18/2016 - The Math of Retirement Saving and Spending
by admin on April 18, 2016 4:23 pm
Are you saving too little for retirement? Are you spending too much in retirement? Are you maximizing your Social Security benefits? Those are among the questions retirees and soon-to-be retirees often grapple with. The Wall Street Journal’s Experts panel recently addressed some of those and other concerns–with a fresh perspective on some of the conventional… Read more 4/18/2016 - The Math of Retirement Saving and Spending
4/13/2016 - Preventing elder exploitation
by admin on April 13, 2016 5:33 pm
Your wellness depends not only on your physical and mental well-being, but also on your financial security. As you or loved ones age, you or they may be more at risk for financial fraud and abuse, which leads to financial turmoil and emotional distress. To learn more, and to garner strategies for preventing elder exploitation,… Read more 4/13/2016 - Preventing elder exploitation
4/12/2016 - Equal Pay Day: Millennial Women Face Bigger Retirement Troubles Than Men
by admin on April 12, 2016 6:59 pm
Women earn less money than men for the same job. Over the course of a 40-year career, this wage gap costs women over $400,000 versus their male counterparts, according to a new study by the National Women’s Law Center. Read the full article at Forbes.
4/8/2016 - Retirement Savings Made Safer
by admin on April 8, 2016 10:03 pm
The road to retirement will be less rocky under new rules issued this week by the Labor Department. The rules require financial advisers to act solely in a client’s best interests when giving advice and selling investments for retirement accounts. The best-interest requirement, also known as a fiduciary duty, will be a big improvement on… Read more 4/8/2016 - Retirement Savings Made Safer
4/4/2016 - As the poor die earlier, Social Security isn't paying off
by admin on April 4, 2016 6:19 pm
Death and taxes may be inevitable, but they hit the rich and poor in different — and sometimes unfair — ways. That’s increasingly evident with the expected life spans of today’s workers, given that low-income Americans are projected to die as many as 13 years earlier than their wealthier cohort, while a century ago the… Read more 4/4/2016 - As the poor die earlier, Social Security isn't paying off
4/1/2016 - For older Americans, the divide between rich and poor gets bigger
by admin on April 1, 2016 5:09 pm
Economic conditions in the United States have caused older Americans to see significant increases in financial inequality over the past three decades—and it could get worse. Further, a new study shows that inequality is higher after age 64, and is especially apparent after age 74, more than during traditional working years. Read the full article… Read more 4/1/2016 - For older Americans, the divide between rich and poor gets bigger
3/30/2016 - Big Financial Costs Are Part Of Alzheimer's Toll On Families
by admin on March 30, 2016 6:06 pm
First, Alzheimer’s takes a person’s memory. Then it takes their family’s money. That’s the central finding of a report published Wednesday by the Alzheimer’s Association on the financial burden friends and families bear when they care for someone with dementia. Read the full article at National Public Radio (NPR).
3/28/2016 - How Baby Boomers Will Change Philanthropy
by admin on March 28, 2016 6:50 pm
Billion-dollar charitable donations and pledges from the likes of Bill Gates, Warren Buffett and now Mark Zuckerberg have been big news in recent years. But under the radar lie millions more–over five million, according to Nielsen–retired and soon-to-retire “affluent” households with net worth of $1 million and above. Not surprisingly, many will leave the vast… Read more 3/28/2016 - How Baby Boomers Will Change Philanthropy