8/14/2013 - This is Retirement's Increasingly Prevalent Challenge (Main St)
by mbeals on August 15, 2013 4:35 pm
It’s no wonder baby boomers worry about outliving their retirement savings. One out of four 65-year-olds today can expect to live past 90, and if they’re married, one of every four will live even longer. With 10,000 boomers turning 65 every day, it’s a big worry for 26% of the U.S. population. Read the full… Read more 8/14/2013 - This is Retirement's Increasingly Prevalent Challenge (Main St)
8/15/2013 - 10 Ways We Get Smarter As We Age
by admin on August 15, 2013 4:34 pm
As we age, the brain‘s processing speed begins to slow, and memory may sometimes slip. But there are other ways that our mental powers grow as we get older. In the current issue of the journal Psychological Science, researchers report that older people (over 65) showed less variability in their cognitive performance across 100 days of testing than did… Read more 8/15/2013 - 10 Ways We Get Smarter As We Age
8/13/2013 - Warning Clients On 401(k) Loans (Wall Street Journal)
by mbeals on August 15, 2013 4:11 pm
Within the past few weeks, adviser Marc Shaffer has heard from two clients looking to tap their 401(k) plans, one for a family emergency and another to purchase land on which to build a home. As the economy makes a painfully slow recovery, financial advisers like Mr. Shaffer continue to hear from cash-strapped clients who… Read more 8/13/2013 - Warning Clients On 401(k) Loans (Wall Street Journal)
8/15/2013 - Workers Going It Alone for Retirement Funds
by admin on August 15, 2013 2:47 pm
When it comes to funding their retirements, most workers say they will need to come up with the money themselves rather than rely on government assistance, according to a survey released Thursday by Charles Schwab Corp. Read the full article at ABC News.
8/14/2013 - Virtual adviser helps older Latino adults get more exercise, researcher says
by admin on August 14, 2013 4:28 pm
When it comes to getting motivated to exercise and do things that are good for our health, sometimes all it takes is a little help from our friends. This was certainly the case for a group of older, mostly Latino adults in Northern California: They benefited from the advice and encouragement of a virtual friend… Read more 8/14/2013 - Virtual adviser helps older Latino adults get more exercise, researcher says
8/14/2013 - Animated chart shows the aging of America
by admin on August 14, 2013 2:35 pm
This chart shows the distribution of the U.S. population by age over time, starting at 1900 and ending with Census Bureau forecasts between now and 2060. Read the full article at The Washington Post.
8/14/2013 - How an aging nation affects job numbers
by admin on August 14, 2013 2:30 pm
A recent Goldman Sachs study focused attention on the impact of population aging on labor force participation. Read the full article at MarketWatch.
8/13/2013 - Baby boomers now the largest source of charity gifts
by admin on August 13, 2013 5:29 pm
Baby boomers (born 1946-1960) give 43 percent of all the money contributed to charities by individuals. But millennials (born 1981-1995) believe more fervently in volunteering, a new study finds. Read the full article at The Christian Science Monitor.
8/12/2013 - Survey shows women are focusing on saving for retirement (The Salt Lake Tribune)
by borges on August 12, 2013 7:33 pm
Women across all age bands feel that it’s more important to save for retirement than just about anything else, according to the Credit Union National Association’s Women’s Financial Survey. CUNA is a trade association serving 90 percent of America’s 7,200 state and federally chartered credit unions, which are not-for-profit cooperatives. Of the age bands surveyed,… Read more 8/12/2013 - Survey shows women are focusing on saving for retirement (The Salt Lake Tribune)
8/9/2013 - 401(k) Reform Movement Growing: Three Major Gamechangers (Forbes)
by borges on August 12, 2013 5:47 pm
The movement to overhaul the faulty 401(k)-based retirement system is gaining some strange bedfellows. When the retirement group AARP issues a joint statement with the pro-business group U.S. Chamber of Commerce, I suppose we shouldn’t be alarmed. But we should pay real close attention to the message. The two groups called on an somnambulist Congress… Read more 8/9/2013 - 401(k) Reform Movement Growing: Three Major Gamechangers (Forbes)
