How I Slash Retirement Account Fees: A D-I-Y Target Date Fund
I watched the disturbing Frontline documentary on PBS, The Retirement Gamble, and not surprisingly, I got to thinking about the fees I pay for investing in my retirement accounts. On average, 401(k) fees reduce investment returns by 1 to 2 percent a year. As I read in this Next Avenue post, the Demos think tank published a report last [...]
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Women’s Changing Roles and Social Security
Social Security turned 77 this week, and Mitt Romney’s choice of running mate, Paul Ryan, has put the retirement program on the front burner as a campaign issue. So I’ve been reminded once again about Social Security’s frailty as a backstop for retirement income, especially for women in their 50s and 60s. This point was [...]
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Women and Financial Advisers: A Rocky Relationship
Not long after my husband, Cliff, and I got married, he asked me to join him for a meeting with his financial adviser. Cliff had invested with this adviser for about a decade and was happy with the results. So I went along — and instantly regretted it. As the adviser and Cliff bantered about [...]
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Second Verse: Why You Should Plan on Working to Age 70
Push off retiring until age 70 and your financial world is going to be much brighter. The Center for Retirement Research at Boston College reports in a new study titled: “National Retirement Risk Index: How Much Longer Do We Need to Work?” that a whopping 85% of households would be prepared to retire by age 70. (One caution: [...]
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5 HEALTH CARE JOBS FOR RETIREES
Read Published Article Have medical experience or willing to learn? These 5 fields are in demand.You don’t have to be a surgeon or ICU nurse. There are hundreds of areas of specialization, such as paramedical examiner, school nurse, medical records administrator, medical assistant, or homecare aide. All offer flexible work schedules.If you have health care [...]
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HOW TO LOSE A JOB AND FIND A LIFE
Read Published Article ‘ When he was fired from Time-Warner four years ago after two decades of service, James S. Kunen was abruptly thrown into a job market that was less than welcoming for workers in his age group–baby boomers brushing up against 60. He has written an appealing book, Diary of a Company Man: Losing [...]
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WANT TO LIVE COMFORTABLY IN RETIREMENT? YOUR JOB HUNT STARTS NOW
Read Published Article Americans get it. They admit they aren’t saving enough for retirement and are worried. According to the 2012 Retirement Confidence Survey published by the nonprofit Employee Benefit Research Institute, only a small fraction of Americans–14 percent–are very confident that they will have enough money to live comfortably in retirement.
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WHY LATINOS AREN’T SAVING FOR RETIREMENT
Read Published Article When it comes to retirement savings, Latinos are failing. That’s what a new survey rolled out about a week ago by ING Retirement Research Institute reveals. In many ways, it echoes what has been laid out in previous minority retirement studies.
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CAN BOOMER WOMEN AFFORD TO RETIRE?
Read the Published Article Boomer women take a bow. You’ve worked and earned more than the generation before you and will reap those rewards in retirement. Rosie the Riveter would be proud. That’s the good news from a new study by the Urban Institute that was discussed yesterday at a forum held inWashington, DC titillating [...]
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GREAT WAY FOR BOOMERS TO PREPARE FOR NONPROFIT WORK
Read Published Article The end of corporate retirement benefits is an old story. The rise of retirement benefits, well that’s worth some hoopla. Meet one contrarian company–Intel Corp. Today, Civic Ventures, a nonprofit think tank that focuses on boomers and encore careers with social purpose, announced a program with the Santa Clara, CA-based chip maker [...]
A collection of 65 essays that provides practical and entertaining advice about how to create a fulfilling retirement. The royalties from the sale of this book will be donated to cancer research.
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