11/9/2015 - Why income inequality grows as people age (CBS MoneyWatch)
by djaworski on November 9, 2015 7:52 pm
A recent study by economists at the Federal Reserve Bank of New York attempts to untangle these two potential causes of increasing wage and salary inequality as households age. They begin by documenting how income changes over time for males aged 25-60 (a similar study for women is underway). They find that “the median worker in the… Read more 11/9/2015 - Why income inequality grows as people age (CBS MoneyWatch)
11/6/2015 - After Years Out of a Job, Older Workers Find a Way Back In (The New York Times)
by djaworski on November 9, 2015 7:46 pm
In the economic downturn that began in late 2007 and persisted through the middle of 2009, millions of people in their 50s and 60s were laid off, bought out, downsized or otherwise left without a steady paycheck. The Center for Retirement Research at Boston College, in a report titled, “How Will Older Workers Who Lose Their Jobs… Read more 11/6/2015 - After Years Out of a Job, Older Workers Find a Way Back In (The New York Times)
11/6/2015 - Women Are Beating Men at Retirement Savings
by admin on November 7, 2015 12:23 am
In the U.S., the average woman is expected to live five years longer than the average man—a fact that leads to the financial advice that women should probably save more for retirement. A new white paper from Vanguard finds that not only are women overall 14 percent more likely than men to participate in workplace-savings… Read more 11/6/2015 - Women Are Beating Men at Retirement Savings
11/6/2015 - After Years Out of a Job, Older Workers Find a Way Back In
by admin on November 6, 2015 9:35 pm
For older Americans, paths to returning to full-time work vary. Some go into consulting, others seek specialized knowledge and new contacts by working as a volunteer. Still others resume their education through courses online or at a for-profit or community college, while some enroll in professional association courses. Many decide to start a business. The… Read more 11/6/2015 - After Years Out of a Job, Older Workers Find a Way Back In
11/6/2015 - Baby steps to building a retirement (The Washington Post)
by djaworski on November 6, 2015 9:22 pm
The government has introduced a retirement savings plan akin to a bike with training wheels. This starter account, called “myRA,” is meant to get millions of people into the habit of saving for their senior years.President Obama authorized the Treasury Department to create myRA, which is targeted to low- and middle-income workers who don’t have… Read more 11/6/2015 - Baby steps to building a retirement (The Washington Post)
11/6/2015 - Financial Advice for Women, From Women (The New York Times)
by djaworski on November 6, 2015 8:02 pm
Women are increasingly their households’ breadwinners, and they are more likely than men to enroll in and complete college. Women are also a growing market, exercising decision-making control of an estimated $11.2 trillion in investable assets, according to the Center for Talent Innovation. Read the full article in The New York Times.
11/5/2015 - Is this the cure for America's retirement ills? (CBS MoneyWatch)
by djaworski on November 5, 2015 8:01 pm
The U.S. Treasury loudly trumpeted the launch of myRA accounts earlier this week, which aim to provide a simple, safe, affordable savings option for workers who don’t have access to a savings plan at work. Would a myRA make sense for you? A myRA account could be a good idea if you answer “no” to all of the… Read more 11/5/2015 - Is this the cure for America's retirement ills? (CBS MoneyWatch)
11/5/2015 - Could the brain's immune system fight Alzheimer's?
by admin on November 5, 2015 4:33 pm
The brain’s immune system potentially could be harnessed to help clear amyloid plaques, which are a hallmark of Alzheimer’s disease. Read the full article at Futurity.
11/4/2015 - Can myRa bring retirement planning to the masses? (Reuters)
by djaworski on November 4, 2015 7:16 pm
The United States needs a sleek new vehicle for workplace retirement saving – something that covers the millions of workers who do not have a 401(k) or traditional pension. But on Wednesday, the White House rolled out a kid’s bike with training wheels instead, otherwise known as the myRA. The U.S Treasury has been beta-testing the… Read more 11/4/2015 - Can myRa bring retirement planning to the masses? (Reuters)
11/4/2015 - Stressed, Tired, Rushed: A Portrait of the Modern Family (The New York Times)
by djaworski on November 4, 2015 7:00 pm
Children are much more likely than not to grow up in a household in which their parents work, and in nearly half of all two-parent families today, both parents work full time, a sharp increase from previous decades.What hasn’t changed: the difficulty of balancing it all. Working parents say they feel stressed, tired, rushed and… Read more 11/4/2015 - Stressed, Tired, Rushed: A Portrait of the Modern Family (The New York Times)
