12/16/2013 - Employment-Based Retirement Plan Participation: Geographic Differences and Trends, 2012 (EBRI)

by on December 16, 2013 5:25 pm
The financing of retirement has become a vital topic in the United States as more and more Baby Boomers rapidly approach the traditional retirement age of 65. This group, with birth years 1946–1964 (ages 49-67), currently totals just over 75 million people and will greatly change the demographics of the nation as it continues to… Read more 12/16/2013 - Employment-Based Retirement Plan Participation: Geographic Differences and Trends, 2012 (EBRI)
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12/16/2013 - Retirement Benefit Changes for 2014

by on December 16, 2013 5:12 pm
Social Security, Medicare and retirement accounts will all change in modest but important ways in 2014. And for the first time, retirees too young to qualify for Medicare will be guaranteed the right to buy private insurance via their state’s health insurance marketplace. Here’s what to expect for your retirement benefits next year. Read the… Read more 12/16/2013 - Retirement Benefit Changes for 2014

12/13/2013 - Target Market for Annuities Is Larger Than Most Advisors Think: Genworth (ThinkAdvisor)

by on December 15, 2013 6:53 pm
What do consumers think about annuities? Not much — leaving plenty of room for advisors to change that, according to a Genworth survey. The survey found 68% of respondents who don’t own an annuity have a positive or neutral impression of them. Among owners, 91% had a positive or neutral impression. Read the full article… Read more 12/13/2013 - Target Market for Annuities Is Larger Than Most Advisors Think: Genworth (ThinkAdvisor)
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12/14/2013- When it’s OK to retire with debt

by on December 14, 2013 5:37 pm
Conventional wisdom suggests that you shouldn’t retire with any debt. But Americans are seemingly ignoring that advice, according to a new research report from the Michigan Retirement Research Center. Read the full article at MarketWatch.
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12/13/2013 - An Alternative to Giving Up the Car Keys

by on December 13, 2013 5:34 pm
While that is a scary thought for some people, the common perception, that the only real choice is between ignoring the difficulties faced by elderly drivers and taking away the car keys, is wrong. “We’re evolving in our thinking,” said Jodi Olshevski, a gerontologist and executive director of the Hartford insurance company’s Center for Mature… Read more 12/13/2013 - An Alternative to Giving Up the Car Keys
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12/13/2013 - America's Hidden Retirement Crisis Is Racial

by on December 13, 2013 5:17 pm
A troubling new study, Race and Retirement Insecurity in the United States, reveals that America’s retirement crisis is particularly dire for blacks and Latinos. Read the full article at Forbes.

12/12/2013 - Column: Why minorities are losing the retirement race (Reuters)

by on December 12, 2013 7:07 pm
The issue of retirement inequality has caught fire in Washington, D.C., and a report issued this week throws a new log on the flames. The report comes on the heels of a legislative proposal from progressive Democrats to address retirement inequality through an expansion of Social Security benefits. They want to increase benefits for everyone… Read more 12/12/2013 - Column: Why minorities are losing the retirement race (Reuters)

12/11/2013 - ‘My Money’ credit cards can boost 401(k)s (MarketWatch)

by on December 12, 2013 7:06 pm
I have been thinking about two issues – how to reduce leakages from 401(k) plans and whether low-wage workers who are auto-enrolled into IRAs will stay put or opt out.  The link between these issues is the employee’s need to access funds before retirement.  Some suggest that people establish a buffer – or short-term –… Read more 12/11/2013 - ‘My Money’ credit cards can boost 401(k)s (MarketWatch)
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12/10/2013 - Millennials value job security more than baby boomers do, survey says (LA Times)

by on December 12, 2013 7:04 pm
Young workers care more about job security than their elders do, according to a new survey comparing what millennials, Generation Xers and baby boomers value in a job. The new survey, part of a larger report on millennials, gender and the workplace released Wednesday by the Pew Research Center, defies popular perceptions of millennials as… Read more 12/10/2013 - Millennials value job security more than baby boomers do, survey says (LA Times)
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12/12/2013 - 4 Retirement Mistakes 30-Somethings Make--And How They Can Avoid Them

by on December 12, 2013 4:52 pm
Here are four false assumptions that a lot of people in their 30s make—and ways to help them to stay on the right track for retirement. Read the full article at Forbes.