In the News • March 30, 2015
“People! Why won’t they behave the way financial advisers and economists tell them to when it comes to their retirement and their money? In February, Merrill Lynch and Age Wave came out with a survey of retirees which found not only didn’t they all downsize when retiring, 30% who’ve moved since they retired have upsized their […]
In the News • March 29, 2015
“You need to know this number: $18,433. That’s the median amount in a 401(k) savings account, according to a recent report by the Employee Benefit Research Institute. Almost 40% of employees have less than $10,000, even as the proportion of companies offering alternatives like defined benefit pensions continues to drop. Older workers do tend to […]
In the News • March 23, 2015
“You need to know this number: $18,433. That’s the median amount in a 401(k) savings account, according to a recent report by the Employee Benefit Research Institute. Almost 40 percent of employees have less than $10,000, even as the proportion of companies offering alternatives like defined benefit pensions continues to drop. Older workers do tend to have […]
In the News • March 11, 2015
“I am an idiot. That, at least, is the impression I get from personal finance websites and magazines and books. They all seem to say I’m doing pretty much everything wrong when it comes to my financial life, basically because I don’t pay that much attention to my finances. Now, I understand that nobody buys […]
In the News • March 8, 2015
“Whether the U.S. is facing a retirement crisis isn’t a matter of debate for the majority of Americans. A new poll shows that 86 percent of people agree that it’s a crisis. And it’s hardly just those approaching retirement who see it that way. When the generation just starting to plan for retirement — millennials […]
In the News • March 4, 2015
“Americans are anxious about their ability to live out their Golden Years with a measure of financial security. Those fears, unfortunately, are more than justified. With about 10,000 Americans retiring each day, a growing number are leaving the workforce without pensions, with modest Social Security benefits or inadequate individual account balances. Factor in skyrocketing health […]
In the News • March 4, 2015
“People! Why won’t they behave the way financial advisers and economists tell them to when it comes to their retirement and their money? Last week, Merrill Lynch and Age Wave came out with a survey of retirees which found not only didn’t they all downsize when retiring, 30% who’ve moved since they retired have upsized their homes. […]
In the News • March 3, 2015
“A new report ranks Wyoming the best state for retirement security for the third time in a row, while California holds on to the bottom spot. The study by the National Institute on Retirement Security on economic pressures for future retirees gave the overall thumbs up and thumbs down based on a combination of retirement […]