Retirement (133)

More Elderly Americans Delaying Retirement

More than 7.2 million Americans age 65 were employed last year. That’s up 67% from 10 years ago. So reports The Washington Post.


Baby Boomers Warm Up to Annuities

Many Baby Boomers are turning to annuities as an alternative to risking their dollars in the capital markets. So reports Financial Advisor.


Elderly Adults’ Debt is Higher Than Three Years Ago

More Americans age 60 or older had debt in 2010 than those in the same age category in 1998. So reports


Bill Calls for Retirement Plans to Give Lifetime Income Estimates

A Bill recently introduced in the Senate would allow workers in retirement plans to get statements that show how their account balances may equate to a lifetime stream of income.


Vanguard Founder Questions Usage of Target Date Funds

Vanguard founder Jack Bogle recently questioned if target date funds are appropriate for everyone.


Dismal Retirement Outlook for Younger Boomers, Gen Xers

Older baby boomers appear to be the last generation that will maintain their living standard in retirement as younger generations are failing to financially prepare for their golden years, reports Forbes.


Decline in Seniors’ Investing Skills May be Overblown


English: PET scan of a human brain with Alzhei...

Concerns that declining cognitive skills associated with aging may diminish seniors’ investing skills may be exaggerated.



Advisors Help Investors Boost Retirement Income to 80%

Advisors Boost Retirement Income

A study by Putnam Investments concludes that investors working with advisors, on average, will have enough savings to generate 80% of their income in retirement.


Advisors Oppose Proposal to Limit Size of Retirement Accounts


Some financial advisors, including Hugh Anderson of advisory firm HighTower in Las Vegas, are opposed to President Obama’s proposal to limit IRAs and 401(k) accounts to $3 million.


401(k) Providers Giving Misleading Advice

Senator Tom Harkin of Iowa

A recent Government Accountability Office report maintains that 401(k) providers are offering misleading advice to plan participants regarding IRA rollover options. This development offers advisors an attractive opportunity to grow their business by helping employees who are leaving their employers better manage retirement assets.


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