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4/28/2014 - Timing Social Security: How emotion clouds logic (CBS MoneyWatch)
by borges on April 28, 2014 4:49 pm
It seems that people tend to ignore logical arguments for delaying Social Security benefits and let aversion to loss influence them more, a common behavioral finance phenomenon. That’s one of the many conclusions from an interesting study recently conducted by the Society of Actuaries (SOA) and Matthew Greenwald and Associates. The two organizations conducted focus… Read more 4/28/2014 - Timing Social Security: How emotion clouds logic (CBS MoneyWatch)
4/26/2014 - A billion shades of grey (The Economist)
by borges on April 28, 2014 4:04 pm
WARREN BUFFETT, who on May 3rd hosts the folksy extravaganza that is Berkshire Hathaway’s annual shareholders’ meeting, is an icon of American capitalism (see article). At 83, he also epitomises a striking demographic trend: for highly skilled people to go on working well into what was once thought to be old age. Across the rich… Read more 4/26/2014 - A billion shades of grey (The Economist)
4/27/2014 - Are we under-saving for retirement?
by admin on April 27, 2014 8:48 pm
Can America afford to retire? As millions of baby boomers pass their mid-60s, the specter of widespread under-saving has taken hold. Huge numbers of present and future retirees will exhaust their savings before they die. Mass hardship looms, even as the costs of an aging society already weigh on the young and middle-aged. It’s a… Read more 4/27/2014 - Are we under-saving for retirement?
4/25/2014 - 6 key things to know about retirement
by admin on April 25, 2014 6:46 pm
Many people don’t do much planning before deciding to retire, and they use simplistic strategies to deal with financial risks. As a result, they’re vulnerable to the risk of financial shocks that may cause them to struggle financially in their later years. That’s the conclusion of a recent study conducted by the Society of Actuaries… Read more 4/25/2014 - 6 key things to know about retirement
4/25/2014 - Young Prizewinners Help People With Dementia
by admin on April 25, 2014 6:09 pm
If you needed any proof that George Bernard Shaw was wrong when he said “youth is wasted on the young,” meet the student winners of the Stanford Center on Longevity’s Design Challenge. Read the full article at Forbes.
4/24/2104 - The Aging World: The world’s oldest populations, mapped
by admin on April 24, 2014 8:54 pm
In a recent Simpsons episode, a Japanese tourist moves in with Comic Book Guy, infuriating her father, who exclaims: “Daughter, you are coming back to Japan; there are 87 old people who need you to take care of them!” Japan’s exceptionally old population—23 percent of it is 65 or older, the largest percentage in the… Read more 4/24/2104 - The Aging World: The world’s oldest populations, mapped
4/24/2014 - Obamacare will let Americans retire earlier (Vox)
by mbeals on April 24, 2014 8:27 pm
If people can get health insurance without a job, they’re likelier to stop working. And that means Obamacare might encourage people to retire earlier, according to a new study. Read the full article at Vox.
4/24/2014 - Time to rethink retirement
by admin on April 24, 2014 6:42 pm
PEOPLE are living and working for longer. Correspondents at The Economist discuss what this may mean for productivity and policy. Watch the video at The Economist.
4/23/2014 - How realistic is it to say you'll never retire? (CBS MoneyWatch)
by mbeals on April 24, 2014 3:40 pm
Recent surveys show that more people are saying they plan to delay their retirement or might never retire. Is this realistic — or wishful thinking? Read the full article at CBS MoneyWatch.
4/22/2014 - Retirement Remains Americans' Top Financial Worry (Gallup)
by mbeals on April 24, 2014 3:39 pm
A firm majority of Americans, 59%, are worried about not having enough money for retirement, surpassing eight other financial matters. A majority of Americans have reported being “very” or “moderately” worried about retirement savings every year since 2001, illustrating that saving for retirement disquiets Americans in both good and bad economic times. Read the full… Read more 4/22/2014 - Retirement Remains Americans' Top Financial Worry (Gallup)
