In the News • April 1, 2014
“This should be good news: At a time when worry about the retirement security of American workers is rising, traditional pension plans finished 2013 in their best shape last year since the financial crisis of 2008. Yet that may only be setting the table for more corporations to stop offering them. The funding deficit of […]
In the News • March 31, 2014
“Is America on the brink of a retirement disaster? Baby boomers are chugging their way toward retirement and many see a train wreck ahead. So how bad is it? Answering these questions depends a bit on optimism or pessimism about the future. You can count me on the pessimistic side, but that doesn’t mean I’m […]
In the News • March 29, 2014
“Retirees and pre-retirees need to evolve from the traditional view of retirement, especially with so much legitimate concern about an unprecedented retirement crisis on our immediate horizon, he says. According to a 2013 report by the National Institute on Retirement Security, 45 percent of working-age American households have no retirement savings. That’s on top of […]
In the News • March 5, 2014
“People heading south for the twilight years of their lives may want to pull a U-turn. The National Institute on Retirement Security (NIRS) has ranked Wyoming as the best state for future retirees while showing that traditional retiree meccas like Florida and California bring up the rear on the list. NIRS gauged state performance in […]
In the News • March 4, 2014
Read Pensions & Investments article.
In the News • March 4, 2014
The article reports that “nearly every state comes up short in key areas that gauge retirement readiness: anticipated retirement income, major retirement costs, such as housing and health care, and labor market conditions for older workers.”
In the News • February 21, 2014
“At age 58 and less than a decade away from retirement, Nancie Eichengreen, found herself having to start over from scratch. It was 2012 and she had been laid off for the second time in 10 years from her job as a legal secretary. She spent a few years collecting unemployment benefits and dipping into […]
In the News • February 19, 2014
“Glaring headlines about Arizona’s public worker retirement system suggest that your typical retired teacher, firefighter or police officer is sipping margaritas on a beach somewhere enjoying a six-figure pension. Meanwhile the state’s pension funds are running out of money, leaving you, the taxpayer, stuck with the bill. Contrary to that alarmist image, Arizona’s retirement system […]
In the News • February 6, 2014
“Who killed pensions? Can they be resurrected? A few decades ago, pensions were almost taken for granted by both public and private employees. They promised that people who worked a specified number of years for one employer would receive a certain amount each month, for life, after they retired. That amount was usually based on […]