11/17/2015 - We’re Living Longer. That’s Great, Except for Social Security.

Children born today will most likely live on average to their late 80s, well above the current average life expectancy of 79. You probably think of this as good news, and from most perspectives, it is. But every rose has its thorn, and longer lives happen to create some problems for Social Security. As people live… Read more 11/17/2015 - We’re Living Longer. That’s Great, Except for Social Security.

11/17/2015 - We’re Living Longer. That’s Great, Except for Social Security (The New York Times)

As people live longer, they spend a larger fraction of their lives in retirement, collecting benefits. As large government programs go, Social Security retirement benefits are extremely simple: The program takes money from working people and gives it to retired people. This simplicity is great in that it makes it easy to see the magnitude… Read more 11/17/2015 - We’re Living Longer. That’s Great, Except for Social Security (The New York Times)

11/16/2015 - Chip Credit Cards Give Retailers Another Grievance Against Banks (The New York Times)

The new chip cards are at the center of a growing dispute that has pitted two of America’s most prominent industries — banking and retailing — against each other, and pulled in attorneys general and even the Federal Bureau of Investigation in the process. But the debate involves more than whether consumers will be adequately… Read more 11/16/2015 - Chip Credit Cards Give Retailers Another Grievance Against Banks (The New York Times)

11/16/2015 - Women more worried about retirement

In a stark contrast between the sexes, most women are worried about retiring and having enough money, while only about a third of men share their concerns, according to a recent survey. Read the full article at Chicago Tribune.

11/16/2015 - Assessing the Fitness of Wearable Tech

“The individuals who might have the most to gain from these devices are likely to be older and less affluent,”  says Dr. Mitesh S. Patel and colleagues at the University of Pennsylvania, including those who are currently sedentary or have a chronic ailment that could benefit from more activity. Read the full article at The New… Read more 11/16/2015 - Assessing the Fitness of Wearable Tech

11/16/2015 - How Retirement Benefits Will Change in 2016 (U.S. News & World Report)

Retirement savers will get the option to participate in a new type of retirement account next year, the myRA. There will also be fewer Social Security claiming options for married couples and a small Medicare premium increase for some beneficiaries. Read the full article in U.S. News & World Report.

11/16/2015 - What to do after these retirement funds hit goals? (CNBC)

Target-date funds may be a somewhat blunt instrument when it comes to retirement planning, but they have quickly become the investment of choice for 401(k) plan sponsors and participants — whether by design or by default.A major challenge for the industry, however, is to determine what to do when target-date funds reach their targets and… Read more 11/16/2015 - What to do after these retirement funds hit goals? (CNBC)

11/13/2015 - Taking Care of Your Aging Parents? It's Going to Cost You

It’s that circle of life. Once upon a time, your parents took care of you. And if your parents are lucky to live long enough, you may end up taking care of them. While you may be happy to help your parents in any way you can, becoming a parent’s caregiver can be a blow… Read more 11/13/2015 - Taking Care of Your Aging Parents? It's Going to Cost You

11/13/2105 - Japan Aging So Fast That Seniors Now Make Up Over 10% of New Prison Inmates

Older inmates are just one symptom of Japan’s rapidly aging society. Seniors are expected to account for 40% of the total population by 2060, according to the Economist. Read the full article at Time.

11/12/2015 - To Lure Baby Boomers, Senior Centers Try Rebranding

Old monikers are out, replaced by hip new names like ‘125 Live’, but not everyone is happy. Read the full article at The Wall Street Journal.