8/18/2015 - Six things to know about successful aging

The good news: through modern technology and improved living conditions we’re living longer. In the mid-1800s, life expectancy was in the mid-thirties. By 1900, we made it to 47. Today, we’re averaging 79 years and counting. The challenge: we haven’t updated the way we think about our working careers and retirement to correspond. Read the… Read more 8/18/2015 - Six things to know about successful aging

8/18/2015 - How Living to 100 Changes Our Education, Work and Retirement

100-year lives may soon become routine. But why, asks the director of the Stanford Center on Longevity, does everyone think of longer lives as something tacked on at the end? Chip Castille explains. Read the full article at BlackRock.

8/18/2015 - Retiring Early, Retiring Late, Retiring Penniless (Next Avenue)

After reviewing data from the government’s Health and Retirement Study from 1992 to 2012, Alicia Munnell, Geoffrey Sanzenbacher and Matthew Rutledgefound that three “shocks” are the top reasons for unexpected early retirement: worker’s health, involuntary job losses and changes within the person’s family (especially his or her spouse’s retirement). In other words, it’s usually not because… Read more 8/18/2015 - Retiring Early, Retiring Late, Retiring Penniless (Next Avenue)

8/18/2015 - Grad-School Loan Binge Fans Debt Worries (The Wall Street Journal)

The doubling of student debt since the recession, to $1.19 trillion, has stoked a national discussion over how to rein in college costs and debt and is becoming a major issue in the 2016 presidential race. Little noted in the outcry is the disproportionate role played by postgraduate borrowers, who now account for roughly 40% of… Read more 8/18/2015 - Grad-School Loan Binge Fans Debt Worries (The Wall Street Journal)

8/17/2015 - Millennials stuck renting longer before buying (Finance & Commerce)

Homeownership, that celebrated hallmark of the American dream, is increasingly on hold for younger Americans.Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life.The typical first-timer now rents for six years before buying, up from… Read more 8/17/2015 - Millennials stuck renting longer before buying (Finance & Commerce)

8/16/2015 - Racial Wealth Gap Persists Despite Degree, Study Says (The New York Times)

Even with tuition shooting up, the payoff from a college degree remains strong, lifting lifelong earnings and protecting many graduates like a Teflon coating against the worst effects of economic downturns. But a new study has found that for black and Hispanic college graduates, that shield is severely cracked, failing to protect them from both short-term crises and longstanding… Read more 8/16/2015 - Racial Wealth Gap Persists Despite Degree, Study Says (The New York Times)

8/14/2015 - 13 Years Of American Credit Cards, In 1 Graph (NPR)

A few years back, there wasn’t that much variation on the rates that credit card companies offered consumers. If you had good credit, you probably paid 8 percent interest. If your credit wasn’t so good, you paid 16 percent. But eventually, card issuers became more sophisticated in their use of data, according to Ben Woolsey,… Read more 8/14/2015 - 13 Years Of American Credit Cards, In 1 Graph (NPR)

8/14/2016 - Healthy Aging: Preventing Isolation

Social connection is key for senior well-being. Read the full article at U.S. News and World Report.

8/14/2015 - Let Older Americans Keep Working

EVERY day, 10,000 baby boomers — Americans born from 1946 to 1964 — leave the work force. Most of them have not saved enough for retirement; at least one-fifth have basically no retirement savings. Our economy has a shortage of skilled workers. Keeping older Americans on the job therefore benefits everyone: It is crucial to… Read more 8/14/2015 - Let Older Americans Keep Working

8/13/2015 - Gen X-ers, Baby Boomers Creating Cloudy Future with Added Debt

The new research shows that while living with debt has become the new norm, the stigma of being in debt has disappeared. Nearly half of both generations agree credit cards serve as a survival tool, while 43% agree, “lots of smart, hardworking people who are careful with spending also have a lot of credit card… Read more 8/13/2015 - Gen X-ers, Baby Boomers Creating Cloudy Future with Added Debt