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7/12/2015 - Rising Economic Insecurity Tied to Decades-Long Trend in Employment Practices (The New York Times)
by djaworski on July 13, 2015 3:59 pm
When the California Labor Commissioner’s Office ruled last month that an Uber driver was an employee deserving of a variety of workplace protections — and was not, as the company maintained, an independent contractor — it highlighted the divided feelings many Americans have about what is increasingly being called the “gig economy.” On the other, Uber —… Read more 7/12/2015 - Rising Economic Insecurity Tied to Decades-Long Trend in Employment Practices (The New York Times)
7/12/2015 - Aging population could drive Obama's climate change policies
by admin on July 12, 2015 6:02 pm
The world’s population is aging at the very time that immediate action on climate change has become crucially important. And we ignore the shared link between these two global patterns at our own risk. Read the full article at CNN.
7/10/2015 - Making Decisions on Elder Housing May Take a Team Effort
by admin on July 10, 2015 6:06 pm
The number of Americans age 85 and older is growing faster than any other age group, as the Congressional Budget Office reports, so is the demand for elder care specialists. Read the full article at The New York Times.
7/10/2015 - The Man Who Must Fund the Retirement of the Oldest Wealthy Nation (The Wall Street Journal)
by djaworski on July 10, 2015 4:10 pm
As the new chief investment officer of Japan’s Government Pension Investment Fund, the largest publicly managed pension in the world by assets, Mr. Mizuno was getting a chance to try to fix a crucial puzzle: How to fund the retirement of the world’s oldest wealthy nation.Retirement programs across the world, including the U.S.’s Social Security system,… Read more 7/10/2015 - The Man Who Must Fund the Retirement of the Oldest Wealthy Nation (The Wall Street Journal)
7/9/2015 - 8 million Baby Boomers face hunger in USA, report finds
by admin on July 9, 2015 9:36 pm
At least 8 million Baby Boomers are facing hunger in the USA and may be more vulnerable to food insecurity than their older peers, according to a report released Thursday from the food bank network Feeding America and funded by AARP Foundation. Read the full article at USA Today.
7/9/2015 - Here’s How Much Cash You Need in Retirement (Money)
by djaworski on July 9, 2015 7:03 pm
Everyone should have a cash cushion to handle unexpected expenses, but retirees need a larger cash reserve than people who are still working, says Richard Paul, president of Richard W. Paul and Associates in Novi, Mich. “The stakes are higher for retirees,” Paul says. “When you’re no longer earning an income, the money you have saved… Read more 7/9/2015 - Here’s How Much Cash You Need in Retirement (Money)
7/8/2015 - Medicare Plans to Pay Doctors for Counseling on End of Life
by admin on July 8, 2015 9:20 pm
Medicare, the federal program that insures 55 million older and disabled Americans, announced plans on Wednesday to reimburse doctors for conversations with patients about whether and how they would want to be kept alive if they became too sick to speak for themselves. Read the full article at The New York Times.
7/8/2015 - States face shaky financial futures; pensions at risk (USA Today)
by djaworski on July 8, 2015 6:04 pm
States are mounting an uneven fiscal recovery from the Great Recession, with energy-rich states leading and Northeastern states with big pension obligations lagging, a new study shows.Alaska, the Dakotas, Nebraska and Florida are on the most solid financial footing, according to rankings of the 50 states released Tuesday by the Mercatus Center at George Mason University. New York,… Read more 7/8/2015 - States face shaky financial futures; pensions at risk (USA Today)
7/8/2015 - Managing a Retirement X Factor: Health Care (U.S. News & World Report)
by djaworski on July 8, 2015 5:38 pm
Health care is a constant area of stress for people as they approach retirement. In fact, according to the Voya Retire Ready Index, 91 percent of workers are concerned about their ability to cover health care expenses in retirement. This comes as no surprise when you consider how health costs have risen over the past few… Read more 7/8/2015 - Managing a Retirement X Factor: Health Care (U.S. News & World Report)
7/7/2015 - Lower and Middle-Income Mothers Most Financially Stressed (Plan Adviser)
by djaworski on July 8, 2015 4:14 pm
Nearly one-quarter, 23%, of employees feel “high” or “overwhelming” financial stress, up from only 18% in 2012 and 19% in 2011, according to a survey by Financial Finesse, a provider of financial education to workers. Across all age groups, women experience significantly higher levels of financial stress than men, with the most frazzled group being women… Read more 7/7/2015 - Lower and Middle-Income Mothers Most Financially Stressed (Plan Adviser)
