3/28/2016 – How Baby Boomers Will Change Philanthropy

Billion-dollar charitable donations and pledges from the likes of Bill Gates, Warren Buffett and now Mark Zuckerberg have been big news in recent years. But under the radar lie millions more–over five million, according to Nielsen–retired and soon-to-retire “affluent” households with net worth of $1 million and above.

Not surprisingly, many will leave the vast majority of their wealth to children, grandchildren, family and friends. However, some will choose to also leave more than a token amount to religious organizations, educational institutions and other favorite charities. This is where things will get interesting.

Read the full article at The Wall Street Journal.

3/25/2016 – Getting Workers to Save More for Retirement

Saving for retirement should be simple arithmetic — the longer your money has to grow, the more money you should have when you stop working. But saving today for a distant tomorrow isn’t so simple, and has a great deal to do with how people think about money.

Read the full article at The New York Times.

3/23/2016 – Almost one in five seniors have been hit by financial swindles

Seventeen percent of Americans over the age of 65, or 6.8 million people, have been taken advantage of financially through high fees, inappropriate investments or outright fraud, according to a new survey.

Read the full article at Chicago Tribune.

3/20/2016 – How Men and Women Want Different Things in Retirement

Spending more quality time with your partner is one reason to retire, right? Well, that may depend on whether you ask a man or a woman—and the difference may be a warning sign for men.

Read the full article at The Wall Street Journal.

3/17/2016 – Study Finds Public Pension Promises Exceed Ability to Pay

Researchers at Citigroup say the groundwork has been laid for conflicts across the developed world: Governments have promised much more than they can most likely pay to current and future retirees, without revealing the disparity to investors who bought government bonds and whose investments could be at risk.

Read the full article at The New York Times.

3/17/2016 – Is a mandatory U.S. retirement saving plan in your future?

Make a list of the most toxic words in American politics, and “employer mandate” certainly would be in the top 10. Requiring employers to provide health insurance to workers is one of the most controversial features of the Affordable Care Act – along with the requirement that individuals buy insurance.

Read the full article at Reuters.

3/12/2016 – Not ready to retire, but not finding work

A GAO report in 2012, the most recent available, said unemployed workers 55 and older were the least likely to find another job.

Read the full article at The Washington Post.

3/4/2016 – This Online Calculator Adds Up Your Risk of Poverty

How many Americans are truly at risk of financial ruin? A new poverty risk calculator offers an estimate based on four factors: race, education, marital status, and age.

Read the full article at Futurity.

3/3/2016 – Retirement Crisis: Are We There Yet?

A flurry of studies out in recent days reveal a dramatic split between pre-retirees (nervous, not planning enough, eager for help from their employers) and the retired (things are fabulous for us, mostly).

Read the full article at Forbes.

3/2/2016 – The retirement crisis facing Hispanics

According to data from the Economic Policy Institute, only 26% of Hispanic families had savings in a retirement plan like a 401(k) or IRA, in 2013. Meanwhile, 65% of white families and 41% of black families and 58% of Asian families and those of other races had savings in such accounts.

Read the full article at CNN Money.