Guaranteed income in retirement has emerged as a central issue for baby boomers, and fast becoming the solution of choice is something called longevity insurance. It’s a nifty product—but, as you might suspect, hardly flawless.
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Retirement
Don’t Give the Ball Back!
Wayne Mitchell gave the ball back—just like Christian Lopez, Tim Forneris and who knows how many other fans who over the years happened to be in the right place at the right time during a big moment in sports. The question is: Why do they do it?
7 Ways to Stretch Your Nest Egg
If you thought it was hard to grow a nest egg, try living off one in retirement. Here are seven ways to make what you have last the rest of your life.
First Job? 6 Critical Steps to Long-Term Security
The Class of 2012 may be surprised to hear that they need to start saving…right now. Here are 6 ways to make saving for retirement both painless and bulletproof.
Aiming High, Pension Funds Bet Wrong
Like retirees who make the mistake of reaching for yield, pension fund managers have been shifting into hedge funds and private equity — and losing.
6 Myths About Saving for Retirement
With just 14% of workers saying they are confident in their retirement plan, it’s time for most of us to kick saving into high gear. It’s doable if you can get past these 6 myths about saving.
60 and Still Not Out of Student Loan Debt: Seniors Facing $36 Billion in College Loans
Student loan debt is usually thought of as a young person’s problem. Those who earned their degrees in 2010 graduated with what was then a highest-ever average of $25,250 in student loans, and considering that education costs are …
How Companies Misfire on Flexible Schedules for Older Workers
Employers recognize that they need to develop flexible work schedules to retain valued older workers. So why can’t they get it right? A new report identifies four troublesome trends.
What Will Replace the 401(k)?
The venerable 401(k) has been under fire since the recession. Here’s what could replace it.
Reverse Mortgages More Popular With Younger Homeowners
Once widely seen as money of last resort, reverse mortgages are fast entering the mainstream of retirement income. Boomers are turning to reverse mortgages earlier to pay off debt or improve their lifestyle, according to a report …
Sandwich Generation: 6 Money Messages for Your Parents and Kids
Boomers are making a lot of the same mistakes their parents made when it comes to discussing money with family. That is, they aren’t doing it. But it’s time to have the The Talk, with aging parents and grown kids. Here’s how.
Bonds Are on a Roll — Is it Time to Give Up on Stocks?
A well-known academic argues against stocks, even for the long run. But it feels a bit like arguing that Warren Buffett doesn’t know what he’s doing. Whose side would you take?