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Category: In the News

  • In the News • March 3, 2016

    Retirement Crisis: Are We There Yet?

    “A flurry of studies out in recent days reveal a dramatic split between pre-retirees (nervous, not planning enough, eager for help from their employers) and the retired (things are fabulous for us, mostly). “It’s a story of two retirements,” said Marcy Keckler, vice president of financial advice strategy at Ameriprise, whose firm released the research […]

  • In the News • March 2, 2016

    Older Women 80% More Likely Than Men to Be Impoverished

    “Women must stretch fewer dollars over more years than men, leaving them 80% more likely to wind up in poverty at age 65 and older, according to a report released Tuesdayby the National Institute on Retirement Security. Some 9% of U.S. women age 65 and older — and 5% of men — live at or […]

  • In the News • March 2, 2016

    Trump, Joe College and Joe Six Pack

    “The broad-based income inequality of the ‘80s and much of the ‘90s, when a shortage of skilled labor drove up white-collar wages, gave way to the more cartoonish income inequality of the 21st century, defined by the outsized income share enjoyed by the top one percent. Nowadays you can experience economic resentment all the way […]

  • In the News • March 2, 2016

    Women 80 Percent More Likely to Face Poverty in Retirement

    “A report from the National Institute on Retirement Security, “Shortchanged in Retirement, The Continuing Challenges to Women’s Financial Future,” found that, among other bad news for women, they have substantially less income during retirement than men do—and that cuts across all age groups.” Read the article.

  • In the News • February 24, 2016

    The Real Reason People Don’t Save For Retirement

    “Why do so many people save little – or nothing at all – for retirement? Because the future isn’t real to them. Only today matters. Psychological research bears out this sorry news, which is ingrained in human nature. According to a survey by the Pew Charitable Trust, only half of American workers are enrolled in a workplace-sponsored […]

  • In the News • January 26, 2016

    Obama to Propose Expanding Retirement Plans

    “Changes that President Obama will propose to employer-sponsored retirement plans could help 30 million American workers have access to retirement savings, the White House said Monday.” Read the article here.

  • In the News • January 12, 2016

    Time to reflect on the administration’s accomplishments

    “We face an urgent retirement security crisis. According to the National Institute on Retirement Security, the median retirement savings of all working households is only $2,500; $14,500 for households headed by a 55- to 64-year-old worker. Social Security, the bedrock of retirement income, must be protected and expanded.” Read the article.