Retirement Demographics Industry

News

Boomers’ Golden Years Don’t Glitter As Brightly

Rather than looking forward to globe-trotting or golf, pre-retirees worldwide now worry about meeting daily expenses during retirement, a new survey by The Hartford shows.

“Fiddling” With U.S. Retirement Policy Not Enough—Legislator

George Miller (D-Calif.) calls for a re-examination and possible overhaul of defined contribution plans, Pensions & Investments reported.

Many Near-Retirees Will Take Social Security at Age 62

About 73% of those intending to draw benefits at age 62 had no formal retirement income plan.

Social Security Recipients To Get A Raise in 2009

The average single retiree’s benefit check will rise by $63 and the average couple’s by $103 a month.

NAVA Members Expect Consumers to Grow More Cautious

Ninety-nine percent of those surveyed at annual conference believed that most retirement-minded Americans will react to the financial crisis by moving money into “safer” investments.

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Articles

Research Watch

A 'perfect storm' of economic forces makes lifetime income annuities a smart move for women, according to a Wharton Financial Institutions Center essay.

Putting a Freeze on STOLI (Not the Vodka)

Baby Boomers with in-force life insurance but inadequate savings are the target market of the burgeoning but much-criticized life settlement industry.

How the Presidential Candidates Differ on Retirement Income

Both John McCain and Barack Obama have incorporated retirement savings into their agendas. So far, Obama has been more explicit about his proposals.

How to Put DB in DC

Imagine a future where 401(k) plan participants go online not to check their accumulations but to view their guaranteed monthly income in retirement.

Debt vs. Retirement Savings: A Losing Battle for Many

Consumers don't necessarily classify outstanding balances on credit cards, overdue utility bills, and 'payday loans' from friends or family members, as 'debt.'

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