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5/11/2015 - For an Aging Brain, Looking for Ways to Keep Memory Sharp
by admin on May 11, 2015 7:09 pm
With people worldwide living longer, marketers are seizing on every opportunity to sell remedies and devices that they claim can enhance memory and other cognitive functions and perhaps stave off dementia as people age. Unfortunately, few such potions and gizmos have been proven to have a meaningful, sustainable benefit beyond lining the pockets of their… Read more 5/11/2015 - For an Aging Brain, Looking for Ways to Keep Memory Sharp
5/11/2015 - Employees Want More Active Retirement Plan Sponsors (Plan Adviser)
by djaworski on May 11, 2015 5:48 pm
Survey results show that 88% of employees “strongly favor” or “somewhat favor” employers that provide tools to help employees determine if they are saving the correct amount for a financially secure retirement. Not surprisingly, employees who say they favor their employers are generally likelier to stay in their current job or company. In addition, more than… Read more 5/11/2015 - Employees Want More Active Retirement Plan Sponsors (Plan Adviser)
5/10/2015 - Generation X is Better Prepared for Retirement Than Baby Boomers (Main Street)
by djaworski on May 10, 2015 5:56 pm
The economic environment over the past few years forced more Gen X-ers to be prepared, said Brandon Moss, a vice president at United Capital, a Newport Beach, Calif. financial management firm. “It has almost forced us to be better savers and pay more attention to the long-term,” he said. “Gen X-ers don’t have pensions and… Read more 5/10/2015 - Generation X is Better Prepared for Retirement Than Baby Boomers (Main Street)
5/8/2015 - New Math for Retirees and the 4% Withdrawal Rule
by admin on May 9, 2015 8:25 pm
The 4 percent rule states that retirees who withdrew 4 percent of their initial retirement portfolio balance, and then adjusted that dollar amount for inflation each year thereafter, would have created a paycheck that lasted for 30 years. The concept has been both celebrated and criticized, and it has recently come under scrutiny yet again,… Read more 5/8/2015 - New Math for Retirees and the 4% Withdrawal Rule
5/9/2015 - Americans Struggle to Sock Away Retirement Savings (USA Today)
by djaworski on May 9, 2015 5:25 pm
According to a 2014 survey from the Employee Benefit Research Institute, only 64% of Americans have reported saving any money at all for retirement to supplement anticipated Social Security benefits. Those with some savings typically don’t have much. The EBRI survey found that roughly six of every 10 Americans have less than $25,000 in total retirement… Read more 5/9/2015 - Americans Struggle to Sock Away Retirement Savings (USA Today)
5/8/2015 - Some New Math for the 4 Percent Retirement Rule
by admin on May 8, 2015 9:16 pm
The most widely referenced rule of thumb in financial vernacular, known as the 4 percent rule, found that retirees who withdrew 4 percent of their initial retirement portfolio balance, and then adjusted that dollar amount for inflation each year thereafter, would have created a paycheck that lasted for 30 years. The concept has been both… Read more 5/8/2015 - Some New Math for the 4 Percent Retirement Rule
5/8/2015 - New Math for Retirees and the 4% Withdrawal Rule (The New York Times)
by djaworski on May 8, 2015 5:08 pm
Known as the 4 percent rule, it found that retirees who withdrew 4 percent of their initial retirement portfolio balance, and then adjusted that dollar amount for inflation each year thereafter, would have created a paycheck that lasted for 30 years. The concept has been both celebrated and criticized, and it has recently come under scrutiny yet… Read more 5/8/2015 - New Math for Retirees and the 4% Withdrawal Rule (The New York Times)
5/7/2015 - Feds struggle to manage growing number of elderly inmates
by admin on May 7, 2015 8:57 pm
Aging inmates remain the fastest-growing segment of the federal prison population and authorities are struggling to manage their increasing medical care and assistance with daily living, an internal Justice Department’s review found. Read the full article at USA Today.
5/6/2015 - How to retire before your spouse (U.S. News & Report)
by djaworski on May 7, 2015 8:25 pm
Money plays a big role in figuring out when you should retire. But most families would benefit from having thorough discussions about the transition into retirement that go beyond the financial realm. Retirement can be especially complicated for spouses who don’t retire at the same time. Your role within the family will change for both the working and… Read more 5/6/2015 - How to retire before your spouse (U.S. News & Report)
5/5/2015 - A silver lining for retirement savers (The Washington Post)
by djaworski on May 6, 2015 5:55 pm
More and more money is flowing into target-date funds, a popular default choice for companies that automatically enroll workers into retirement savings plan. But as the funds grow in popularity, investors using them are benefiting from another shift — they’re growing less expensive. The average fee charged by target-date funds dropped to 0.65 percent this year,… Read more 5/5/2015 - A silver lining for retirement savers (The Washington Post)
