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2/12/2014 - Aging Boomers to Leave State Government Coffers Depleted
by admin on February 12, 2014 6:07 pm
As the baby boomers retire, state governments will feel the pinch. Retirees tend to earn less and spend less than people of prime working age, and a recent analysis from the Federal Reserve Bank of Kansas City projected the effects of an aging U.S. population on two major sources of state revenue: income taxes and… Read more 2/12/2014 - Aging Boomers to Leave State Government Coffers Depleted
2/11/2014 - Can the government get us to save more for retirement?
by admin on February 11, 2014 6:13 pm
Last year, 46% of workers had less than $10,000 saved for retirement, according to a 2013 report from the Employee Benefit Research Institute. Meanwhile, around half of all workers and the majority of part-time workers didn’t receive any retirement benefits at all from their employer, making it even more difficult for them to save. Read… Read more 2/11/2014 - Can the government get us to save more for retirement?
2/11/2014 - 10 things the anti-aging industry won’t tell you
by admin on February 11, 2014 6:04 pm
Peeling back the layers to reveal the true cost of bottled youth. Read the full article at MarketWatch.
2/10/2014 - Boomers Turn On, Tune In, Drop Out of U.S. Labor Force
by admin on February 10, 2014 10:18 pm
The share of Americans in the labor force, known as the participation rate, is hovering around an almost four-decade low as the population ages and discouraged job seekers give up looking for work. Federal Reserve research shows retirees are at the forefront of the recent exodus, which blunts the impact of policy aimed at boosting… Read more 2/10/2014 - Boomers Turn On, Tune In, Drop Out of U.S. Labor Force
2/9/2014 - Financial pointers for the 99% (Los Angeles Times)
by borges on February 10, 2014 6:51 pm
When Liz Davidson told friends 15 years ago that she was quitting her job running a hedge fund, they thought she was misguided. Then Davidson revealed her new career plan, and they thought she was really nuts. She launched a company that gives financial guidance to average Americans through their jobs. Employers hire Financial Finesse… Read more 2/9/2014 - Financial pointers for the 99% (Los Angeles Times)
2/7/2014 - Retirement Planning for the Very Long-Term (MarketWatch)
by borges on February 10, 2014 6:49 pm
The world’s population is aging, rapidly. So much so in fact that roughly one in six people is expected to be 65 and older by 2050, double the proportion today, according to a recent Pew Research Center report. Put another way, the global population of people ages 65 and older is expected to triple from… Read more 2/7/2014 - Retirement Planning for the Very Long-Term (MarketWatch)
2/6/2014 - Ideas to Make Retirement Possible (New York Times)
by borges on February 10, 2014 6:47 pm
Who killed pensions? Can they be resurrected? A few decades ago, pensions were almost taken for granted by both public and private employees. They promised that people who worked a specified number of years for one employer would receive a certain amount each month, for life, after they retired. That amount was usually based on… Read more 2/6/2014 - Ideas to Make Retirement Possible (New York Times)
2/10/2014 - Reasons to be Wary of State-Run Retirement Plans
by admin on February 10, 2014 5:40 pm
Given how poorly states like California and Illinois have funded the pension funds for their own employees, one would think that this would stop dead in its tracks any plan to have the government assist in managing private sector funds too. The spate of recent activity, however, suggests otherwise. Read the full article at Forbes.
2/9/2014 - Good News About Our Aging Population
by admin on February 9, 2014 5:27 pm
A week doesn’t go by without hearing about the problems which will be created by the world’s rapidly aging population. Much of the focus is on how fewer people will mean lower future economic growth. The likes of Harry Dent have popularized the idea but it’s also been given intellectual heft by thousands of demographic… Read more 2/9/2014 - Good News About Our Aging Population
2/7/2014 - For Many Older Americans, an Enterprising Path
by admin on February 7, 2014 10:13 pm
According to a recent study published by the Kauffman Foundation and Legal Zoom, in 2013, about 20 percent of all new businesses were started by entrepreneurs aged 50 to 59 years, and 15 percent were 60 and over. And, in fact, over the last decade, the highest rate of entrepreneurial activity belongs to those in… Read more 2/7/2014 - For Many Older Americans, an Enterprising Path
