Category: Financial Security 2016
3/25/2016 - Getting Workers to Save More for Retirement
by admin on March 25, 2016 5:06 pm
Saving for retirement should be simple arithmetic — the longer your money has to grow, the more money you should have when you stop working. But saving today for a distant tomorrow isn’t so simple, and has a great deal to do with how people think about money. Read the full article at The New… Read more 3/25/2016 - Getting Workers to Save More for Retirement
3/23/2016 - Almost one in five seniors have been hit by financial swindles
by admin on March 23, 2016 8:49 pm
Seventeen percent of Americans over the age of 65, or 6.8 million people, have been taken advantage of financially through high fees, inappropriate investments or outright fraud, according to a new survey. Read the full article at Chicago Tribune.
3/20/2016 - How Men and Women Want Different Things in Retirement
by admin on March 21, 2016 8:24 pm
Spending more quality time with your partner is one reason to retire, right? Well, that may depend on whether you ask a man or a woman—and the difference may be a warning sign for men. Read the full article at The Wall Street Journal.
3/17/2016 - Study Finds Public Pension Promises Exceed Ability to Pay
by admin on March 17, 2016 8:41 pm
Researchers at Citigroup say the groundwork has been laid for conflicts across the developed world: Governments have promised much more than they can most likely pay to current and future retirees, without revealing the disparity to investors who bought government bonds and whose investments could be at risk. Read the full article at The New… Read more 3/17/2016 - Study Finds Public Pension Promises Exceed Ability to Pay
3/17/2016 - Is a mandatory U.S. retirement saving plan in your future?
by admin on March 17, 2016 8:25 pm
Make a list of the most toxic words in American politics, and “employer mandate” certainly would be in the top 10. Requiring employers to provide health insurance to workers is one of the most controversial features of the Affordable Care Act – along with the requirement that individuals buy insurance. Read the full article at… Read more 3/17/2016 - Is a mandatory U.S. retirement saving plan in your future?
3/12/2016 - Not ready to retire, but not finding work
by admin on March 12, 2016 6:21 pm
A GAO report in 2012, the most recent available, said unemployed workers 55 and older were the least likely to find another job. Read the full article at The Washington Post.
3/4/2016 - This Online Calculator Adds Up Your Risk of Poverty
by admin on March 4, 2016 5:22 pm
How many Americans are truly at risk of financial ruin? A new poverty risk calculator offers an estimate based on four factors: race, education, marital status, and age. Read the full article at Futurity.
3/3/2016 - Retirement Crisis: Are We There Yet?
by admin on March 3, 2016 9:38 pm
A flurry of studies out in recent days reveal a dramatic split between pre-retirees (nervous, not planning enough, eager for help from their employers) and the retired (things are fabulous for us, mostly). Read the full article at Forbes.
3/2/2016 - The retirement crisis facing Hispanics
by admin on March 2, 2016 9:39 pm
According to data from the Economic Policy Institute, only 26% of Hispanic families had savings in a retirement plan like a 401(k) or IRA, in 2013. Meanwhile, 65% of white families and 41% of black families and 58% of Asian families and those of other races had savings in such accounts. Read the full article… Read more 3/2/2016 - The retirement crisis facing Hispanics
3/1/2016 - Are you a retirement "have" or a "have not"?
by admin on March 1, 2016 5:40 pm
Many Americans are taking the right steps to improve their retirement security — and many aren’t. That’s one conclusion of a recent study about IRA usage from the Investment Company Institute (ICI). The mistakes and omissions people make fall into two time periods — while you’re working and while you’re retired. See how the steps… Read more 3/1/2016 - Are you a retirement "have" or a "have not"?