Save early and often. You just might live to be 120.
Retirement
Retirement Income: Here’s a New Tool You Might Actually Use
BlackRock just unveiled a new retirement income index that removes the guesswork. Next up: bond funds pegged to the index for near certain guaranteed income.
Oldest Boomers Are Increasingly Facing Discrimination in the Workplace
Subtle and often unintentional slights at work, familiar to minorities, now weigh on aging boomers who stay on the job.
New President’s Council to Focus on Kids and Money
President Obama has authorized a private-sector advisory council focused squarely on young people’s ability to learn about money. Student debt and early retirement saving are high on the hit list.
Act Your Age? Not If You Hope to Escape Age Discrimination
We can all agree that boomers and elders should act their age. But that doesn’t mean they have to act old, which is the surest way to invite age bias at the office.
Retirement Relevance: 8 Ways to Stay Hip Without Embarrassing Yourself
What makes a person old? Is it their decreasing mobility and slumping posture? The bad hearing and regimen of medications? Physical attributes certainly may be part of the answer, especially for folks who resist exercise, diets, and procedures that could forestall decline.
But too often old age isn’t something that is forced upon …
Close to Retiring? Uh-Oh, So is Your Financial Adviser
Wealth Advisers are an aging group. Yours may retire just when you need him most. Here’s how to handle the transition.
How to Position Your Nest Egg for Rising Rates
The Fed is dropping hints about higher rates and the bond market is pushing yields higher. Is this sweet relief for savers? Here’s how to get ready for the sea change.
Job Loss at 55: Often a Long Road Back
A study quantifies how much job loss costs older workers
Savers Nightmare: Why Short Rates Won’t Follow Bond Yields Higher
Bond yields are up. But if you can believe it: that just makes investing for income more difficult.
Workers Revolt: Forget Stocks, Give Me Lifetime Income!
The do-it-yourself retirement has largely failed. Swapping traditional pensions for 401(k) plans sounded good while markets were roaring. But 15 years of choppy returns has brought us full circle: Most workers now say no benefit would be more valuable than guaranteed retirement income.
Four in five employees would forfeit at least 5% …
Will Wall Street Finally Put Clients First? Maybe Some Day — But Don’t Hold Your Breath
Efforts to compel all financial advisers to act in the best interest of their clients have been derailed–again.