1/22/2013 - Working Longer: Still the Best Path to a Better Retirement

by on January 22, 2013 7:42 pm
Today, of course, employers are in the driver’s seat when it comes to finding a job. Millions of people have been out of work for a long period of time. For older workers in particular, it’s especially tough to find a new job. There will come a day, however, when the equation shifts. As this… Read more 1/22/2013 - Working Longer: Still the Best Path to a Better Retirement

1/22/2013 - Fitch: Aging Population Putting Economies At Risk Of 'Fiscal Shock'

by on January 22, 2013 4:32 pm
According to a Fitch ratings agency statement, the world’s aging population could put many countries at risk of a second fiscal crisis. “Whilst a successful resolution of the current fiscal crisis remains the most important driver for many advanced-economy ratings, without further reform to address the impact of long-term ageing these economies face a second,… Read more 1/22/2013 - Fitch: Aging Population Putting Economies At Risk Of 'Fiscal Shock'

1/21/2013 - Light-up tumors show aging in real-time

by on January 21, 2013 4:44 pm
Researchers have long known that the gene, p16INK4a (p16), plays a role in aging and cancer suppression by activating an important tumor defense mechanism called “cellular senescence.” A team led by Norman Sharpless, Professor of Cancer Research at University of North Carolina, has developed a strain of mice that turns on a gene from fireflies… Read more 1/21/2013 - Light-up tumors show aging in real-time

1/21/2013 - Europe's Accelerated Aging Problem

by on January 21, 2013 4:35 pm
The jury is still out on whether nations are emerging wiser from the global financial crisis that started in 2008. But it is certain that they are emerging older. Governments in many developed markets have lost valuable time in addressing an inexorable force: the pressure that aging populations will put on public finances. That is… Read more 1/21/2013 - Europe's Accelerated Aging Problem

1/18/2013 - How Healthcare Spending May Derail Your Retirement

by on January 18, 2013 9:56 pm
A major research effort by AARP provides projections on the size of medical bills that may await you. The big seniors’ group launched a major project this week to support efforts to help reverse the economic damage experienced during the past several decades by the middle class, or what’s left of it. As part of… Read more 1/18/2013 - How Healthcare Spending May Derail Your Retirement

1/18/2013 - Are Young Workers On Track For Retirement--Or Smoking Something?

by on January 18, 2013 9:52 pm
In a survey of defined contribution plan participants conducted last October by State Street Global Advisors and the Boston Research Group, 82% of those under 25 said they were on track to have enough saved to meet their retirement goals. That compares with the 54% of those aged 35 to 44 and 63% of those… Read more 1/18/2013 - Are Young Workers On Track For Retirement--Or Smoking Something?

1/18/2013 - The Impact of Baby Boomers Working Past 65

by on January 18, 2013 9:45 pm
Today, reaching age 65 does not automatically mean it’s time to retire. The promise of a relaxing and stress-free retirement has been replaced in many cases by the reality that people are not prepared to retire. Some employees cannot afford to retire or are just plain afraid to retire. Age 65 is now just another… Read more 1/18/2013 - The Impact of Baby Boomers Working Past 65
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1/17/2013 - U.S. CEOs push plan to raise full retirement age to 70 (CBS MoneyWatch)

by on January 17, 2013 9:45 pm
An influential group of business CEOs is pushing a plan to gradually increase the full retirement age to 70 for both Social Security and Medicare and to partially privatize the health insurance program for older Americans. The Business Roundtable’s plan would protect those 55 and older from cuts but younger workers would face significant changes.… Read more 1/17/2013 - U.S. CEOs push plan to raise full retirement age to 70 (CBS MoneyWatch)
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1/17/2013 - Aon Hewitt survey reveals retirement savings gap (HealthLifePro)

by on January 17, 2013 9:43 pm
Workers need 11 times their final pay to meet their financial needs in retirement, but the average U.S. worker has a savings shortfall of 2.2 times pay, according to a new survey. The survey reveals that to help bridge the retirement savings gap, most employers (80 percent) are making financial wellness a top priority in 2013. Six… Read more 1/17/2013 - Aon Hewitt survey reveals retirement savings gap (HealthLifePro)

1/17/2013 - The high cost of raising the Medicare age

by on January 17, 2013 6:20 pm
Medicare reform is back in the spotlight as the White House and Congress gear up for another deficit reduction battle in coming weeks. President Obama has said he’d be willing to make modest changes to Medicare as part of the debt ceiling negotiations, while House Republicans are looking to overhaul the troubled entitlement programs. Read… Read more 1/17/2013 - The high cost of raising the Medicare age