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7/30/2013 - State Regulator Steps Up Checks on Public Pension Funds (Wall Street Journal)

by on July 30, 2013 4:33 pm
New York’s top financial regulator is ramping up scrutiny of state and city pension funds by using what he says is his office’s little-known authority to examine public retirement systems in the state. The office of New York Superintendent of Financial Services Benjamin Lawsky on Monday informed officials at the New York City Employees’ Retirement… Read more 7/30/2013 - State Regulator Steps Up Checks on Public Pension Funds (Wall Street Journal)
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7/29/2013 - Supercharing the 401(k) (BenefitsPro)

by on July 30, 2013 3:38 pm
Retirement savings took a beating in the downturn, leaving many in what is understandably a state of high anxiety about the best ways to ensure everyone gets the most they can out of the 401(k). Over the last several years, measures such as auto-enrollment and auto-escalation of employee contributions have helped. Yet while these measures… Read more 7/29/2013 - Supercharing the 401(k) (BenefitsPro)
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7/28/13 - Across the Country, Overpromised on Pensions (NPR)

by on July 30, 2013 2:30 pm
When Detroit declared bankruptcy last week, city workers had a very personal reason to be dismayed. They discovered that their retirement plans, their pensions, are not as solid as they thought. Detroit’s $18 billion of debt includes pension obligations estimated at $3.5 billion that are underfunded. Seems that there is a lot less money in… Read more 7/28/13 - Across the Country, Overpromised on Pensions (NPR)
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7/29/2013 - 5 Retirement Variables Outside Your Control

by on July 29, 2013 4:41 pm
One of the reasons it’s difficult to prepare for retirement is that there are so many things we simply can’t predict about it. We don’t know how long we will live, how much our investments will earn and how much of our purchasing power inflation will erode. Here are some of the scariest retirement unknowns… Read more 7/29/2013 - 5 Retirement Variables Outside Your Control
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7/28/2013 - Alzheimer's blood test edges closer

by on July 28, 2013 4:42 pm
Researchers believe they are closer to developing a blood test that could diagnose Alzheimer’s. Read the full article at BBC News.

7/24/2013 - Sell a Business to Cover Retirement? Don’t Count on It (New York Times)

by on July 25, 2013 9:02 pm
When R. J. Lewis left a corporate job to start his own business in 1999, he knew his bank account would suffer. He gave up a six-figure income and assumed that the first few years of entrepreneurship would be lean. Still, he did not realize just how much of a toll running a business would take… Read more 7/24/2013 - Sell a Business to Cover Retirement? Don’t Count on It
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7/23/2013 - Why 50% of workers are retirement have-nots (MarketWatch)

by on July 25, 2013 4:47 pm
Retirement crisis? More like a catastrophe for the 50% of U.S. workers who don’t participate in a savings plan at work, many of whom work at small companies nationwide. Those businesses face steep hurdles in providing retirement plans to their workers, according to a new report—and without such plans, it’s even more challenging to save… Read more 7/23/2013 - Why 50% of workers are retirement have-nots (MarketWatch)
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7/22/2013 - Health care: Pay less out-of-pocket in retirement (MarketWatch)

by on July 25, 2013 4:46 pm
Most people nearing retirement underestimate what it will cost to pay for health care. According to Fidelity’s annual survey on health care costs, a 65-year-old couple retiring in 2013 would need an estimated $220,000 to cover their health care in retirement. Read the full article at MarketWatch.
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7/25/2013 - 3 fixes for retirement investors on the edge

by on July 25, 2013 3:53 pm
There’s a good deal of confusion over what return a retail investor should expect. Not many years ago, a 10% annualized return was a standard guesstimate from a financial adviser. Unsurprisingly, many near-retirees still use that rule of thumb. However, low current interest rates being what they are, many of the top financiers today talk… Read more 7/25/2013 - 3 fixes for retirement investors on the edge
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7/25/2013 - New Alzheimer's Research Could Lead To Treatments

by on July 25, 2013 3:51 pm
A new report in the journal Nature shows a significant step forward in figuring out what causes things to go wrong in the brain early on in Alzheimer’s disease. Read the full article at Here and Now (WBUR).