4/12/2014 - High fees eroding many retirement accounts (CNBC)
by borges on April 14, 2014 8:41 pm
It’s the silent enemy in our retirement accounts: High fees. And now a new study finds that the typical 401(k) fees — adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker’s account over a four-decade career compared with lower-cost options. To compensate for the higher fees, someone… Read more 4/12/2014 - High fees eroding many retirement accounts (CNBC)
4/14/2014 - Center on Longevity competition challenges students to design products for seniors
by admin on April 14, 2014 3:28 pm
The winning entry of the Stanford Center on Longevity’s design contest featured tableware for people with Alzheimer’s. The idea is to introduce young designers to how the population is aging while tapping their creativity and enterprising ideas. Read the full article at Stanford Report.
4/12/2014 - Is Your Home Age-Friendly?
by admin on April 12, 2014 7:15 pm
If you’re concerned about how well a fit you and your home will be as you age and your physical abilities change, an occupational therapist or certified aging-in-place specialist can conduct an assessment of you and your home. Read the full article at AARP.
4/11/2014 - Tips to Manage Spending in Retirement
by admin on April 11, 2014 7:08 pm
Advisors put a considerable amount of effort into talking to clients about accumulating a life savings. But advisers and their clients tend to devote less thought to how to spend that money when it’s time. Read the full article at The New York Times.
4/10/2014 - Out of work and under 65? Here's how to retool your retirement plan (Reuters)
by mbeals on April 11, 2014 5:06 pm
We reached a milestone last week when the government reported that the U.S. economy has regained all the jobs lost during the Great Recession. Yet for many older workers the recession never ended; long-term joblessness has morphed into de facto premature retirement. Now, millions are performing financial triage on retirement plans that had been based… Read more 4/10/2014 - Out of work and under 65? Here's how to retool your retirement plan (Reuters)
4/9/2014 - One way to pay for health-care costs in retirement (Washington Post)
by mbeals on April 11, 2014 4:04 pm
A recent MarketWatch analysis found that most retirees will spend an average of $250,000 on out-of-pocket health costs during their retirement years, an amount that can quickly cut into their savings. Health savings accounts (HSAs) offer consumers a way to save for these costs now and into retirement years. Read the full article at The… Read more 4/9/2014 - One way to pay for health-care costs in retirement (Washington Post)
4/9/2014 - Financial discipline = happiness in retirement, study says
by admin on April 9, 2014 9:08 pm
People who are financially disciplined feel more secure about their finances and are likelier to be happy in retirement, according to a new study. Read the full article at Los Angeles Times.
4/8/2014 - Easing the burden of long-term medical demands for family caregivers
by admin on April 8, 2014 8:08 pm
For the 42 million Americans who take care of loved ones at home, the responsibilities of care — once the purview of trained nurses — have become increasingly complex. AARP has begun to advocate for greater caregiver support through public policy and legislation, but the health care industry may be wary of additional regulation. Special… Read more 4/8/2014 - Easing the burden of long-term medical demands for family caregivers
4/8/2014 - More people are delaying Social Security benefits (CBS Money Watch)
by borges on April 8, 2014 6:46 pm
It looks like people are now paying attention to the plethora of advice retirement analysts and writers — including me — have been offering about delaying Social Security benefits as a means of improving retirement security. The Social Security Administration’s Annual Statistical Supplement for 2013 provides evidence of a slow but steady increase since 2004-2005… Read more 4/8/2014 - More people are delaying Social Security benefits (CBS Money Watch)
4/8/2014 - Four Ways to Adapt to an Aging Workforce
by admin on April 8, 2014 6:22 pm
Calls to maximize the utility of older workers — by honoring experience, providing training opportunities, and offering flexible work and retirement options — began to sound at least a decade ago. Harvard Business Review contributors have suggested we “retire retirement” and “adapt for an aging workforce.” Read the full article at Harvard Business Review.
