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10/21/2015 - Millennials face 'Great Depression' in retirement (CNBC)
by djaworski on October 21, 2015 8:23 pm
Americans in their 20s and 30s are facing a retirement crisis that could plunge them back into the Great Depression, Blackstone President and Chief Operating Officer Tony James said Wednesday.”Social Security alone cannot provide enough for these people to retain their standard of living in retirement, and if we don’t do something, we’re going to… Read more 10/21/2015 - Millennials face 'Great Depression' in retirement (CNBC)
10/21/2015 - A Mediterranean diet could protect your brain from shrinking in old age
by admin on October 21, 2015 6:02 pm
Following a Mediterranean diet high in fish and low in meat may slow down the signs of aging in your brain, according to a new study. Read the full article at Los Angeles Times.
10/21/2015 - New grads may have to work until they're 75
by admin on October 21, 2015 5:55 pm
As if student-loan debt wasn’t enough of a burden for new college graduates. A new report predicts that young workers will need to work until they’re 75 on average to save enough for retirement. Read the full article at CNBC.
10/20/2015 - Would You Let A Robot Manage Your Retirement Savings?
by admin on October 20, 2015 10:26 pm
Comfortable with technology and skeptical of Wall Street, a growing number of young investors have turned to low-fee automated financial advisers for help saving for retirement. Read the full article at National Public Radio (NPR).
10/20/2015 - Almost half of elderly patients miscalculate life expectancy
by admin on October 20, 2015 9:08 pm
Almost half of elderly people don’t have an accurate sense of how much longer they’re likely to live, a problem that may lead some of them to make poorly informed medical decisions, a U.S. study suggests. Read the full article at Reuters.
10/20/2015 - Would You Let A Robot Manage Your Retirement Savings? (NPR)
by djaworski on October 20, 2015 7:05 pm
Roboadvisers are significantly less expensive than human ones. The startup WiseBanyan offers a fee-free service. Fees at the largest roboadvisers are a small fraction of those at Wall Street firms and traditional wealth managers. Greg Smith is the president of a roboadviser calledBlooom that seeks out the lowest fee options in a customer’s 401(k) plan. Smith… Read more 10/20/2015 - Would You Let A Robot Manage Your Retirement Savings? (NPR)
10/19/2015 - When It Comes to Retirement Savings, Most Workers Are on Their Own
by admin on October 19, 2015 11:25 pm
It’s nice that some companies are nudging employees toward putting aside more for 401(k)s, but those firms are solidly in the minority. Read the full article at at The Atlantic.
10/19/2015 - Is Wall Street Eating Your 401(k) Nest Egg? (NPR)
by djaworski on October 19, 2015 7:54 pm
Americans collectively are losing billions of dollars a year out of their retirement accounts because they’re paying excessive fees, according to researchers studying thousands of employer-sponsored retirement plans across the country. The rearchers say part of the trouble is that many employers that offer 401(k) plans to their workers are outgunned by financial firms that… Read more 10/19/2015 - Is Wall Street Eating Your 401(k) Nest Egg? (NPR)
10/19/2015 - What Hollywood Says About Our Changing Views on Aging
by admin on October 19, 2015 5:33 pm
“It is always tricky proclaiming zeitgeist shifts, difficult enough to pinpoint in retrospect, much less while the winds of change are swirling still. Yet when it comes to the ideal for later life and retirement, there is an argument to be made that profound change is in the air,” says Marc Freedman, CEO and founder… Read more 10/19/2015 - What Hollywood Says About Our Changing Views on Aging
10/19/2015 - To Age Well, Change How You Feel About Aging
by admin on October 19, 2015 5:21 pm
Negative stereotypes about getting older can become a self-fulfilling prophecy. How to improve your mind-set—and well-being. Scientists are discovering something very peculiar about aging: How we feel about getting old matters. A lot. Read the full article at The Wall Street Journal.
