Archive for Financial Security 2014

10/23/2014 – Older Women and Challenges of Wealth

Oct 23, 2014 Comments Off

Women’s life expectancy is typically around five years more than men’s, according to United States census data, “by definition, their wealth has to last longer,” said Judy Slotkin, a New York metropolitan area market executive at U.S. Trust. The Employee Benefit Research Institute in Washington estimated last year that just to have a 50-50 chance […]

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10/13/2014 – The rise of unretirement

Oct 14, 2014 Comments Off

We are living longer, something to celebrate. The average life expectancy was about 62 years in 1935 when President Franklin Roosevelt signed the Social Security Act, and it’s now nearly 79 years. And, as in many things, the baby boomers are at the center of another revolution: unretirement. Read the full article at Los Angeles […]

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10/14/2014 – How to Use Early Retirement as a Transition

Oct 14, 2014 Comments Off

MARC FREEDMAN: First of all, think of “retirement” as a transition, not a destination. Most people won’t want to spend the next quarter century living a life of leisure—for financial, psychological and spiritual reasons. However, by getting a jump on the post-midlife transition, you’ve likely bought not only some necessary rest and relaxation, but also the […]

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10/8/2016 – Are grandkids to blame for the 70% jump in seniors’ debt load?

Oct 08, 2014 Comments Off

What a difference a decade makes, at least when it comes to the debt load that seniors face. A study released Thursday by TransUnion of approximately 10 million consumers finds that between 2009 and 2014, every single age group except those 60 and older saw a reduction in their average debt load per person (made up of […]

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10/2/2014 – Is Prepaying A Mortgage A Good Retirement Investment Option?

Oct 02, 2014 Comments Off

When deciding whether or not to prepay the principal on a mortgage before or in retirement, a number of factors must be examined.  Read the full article at Forbes.

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10/1/2014 – About Aging Parents: Something The Government Got Right (For A Change)

Oct 01, 2014 Comments Off

Financial abuse is a huge international problem, and it’s finally getting more attention from the Federal government, thanks in part to the Consumer Financial Protection Bureau.  Read the full article at Forbes.

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9/30/2014 – Why an aging population may be good for innovation

Sep 30, 2014 Comments Off

The conventional wisdom is that an aging population is a net drag on a nation’s economic competitiveness. America, these naysayers point out, is almost ready to fall off a demographic cliff once the aging Baby Boomers start retiring. But in a paper published by the journal PLOS ONE, a group of international researchers at the […]

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9/26/2014 – As One Career Wraps Up, Finding That Next Role

Sep 30, 2014 Comments Off

WHEN she was just 10 years old, Mary Jackson began her teaching career on the back porch of her family’s home in Easley, S.C. Her passion led her to earn a teaching degree at the University of Virginia in 1977, but her career took a detour when, after graduation, she accepted a position at IBM. […]

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9/24/2014 – Big retirement fear: Outliving your savings

Sep 24, 2014 Comments Off

Almost half of investors are worried they’ll run out of their own money in retirement. Read the full article at USA Today.

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9/22/2014 – The missing link in most retirement plans

Sep 22, 2014 Comments Off

Few pre-retirees spend much time planning for health care costs in retirement, resulting in a dangerous financial gap in their retirement plans. That’s one conclusion from a robust report, “Health and Retirement: Planning for the Great Unknown,” which outlines the results of a study Merrill Lynch conducted in collaboration with Age Wave. Read the full […]

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