Average Retirement Age Leveling Off
Cultural and structural changes that converged to reverse a century-long decline in labor force participation may have petered out, the Center for Retirement Research says.
Half of Households Risk Inadequate Retirement Income
A study from Boston College says the average family needs to save 15% of income for retirement, a hurdle most aren't meeting.
Gen X Looking at Lean Retirement as Wealth Trails
Good timing is not the age group’s forte. Many took out mortgages just before prices plunged, making them the most disadvantaged by the housing crisis.
Why Are So Many Boomers Working Longer?
New research and old confirm that better educated workers are working into ages once considered “old.” But why? And are they crowding out younger workers?
Don’t Claim Social Security Before 70, Alicia Munnell Says
Munnell of Boston College argues that 70 is the de facto retirement age — at least as far as Social Security is concerned.
Alicia Munnell: Make 401(k) Auto-Enrollment Mandatory
Seven years after Congress encouraged employers to auto-enroll workers in 401(k)s, “the retirement fix has run out of steam,” the Center for Retirement Research says.
IRS Withdrawal Calculation Offers Alternative to Standard 4%
Here’s a news flash; the IRS offers a calculation that actually helps consumers. Who knew?
3 Ways to Combat Client Disengagement
Alicia Munnell recently argued asset allocation has a relatively minor role in retirement success. Tim Noonan isn’t buying it.
Asset Allocation Has ‘Minor’ Role in Retirement Planning
Financial advice tends to focus on how financial assets are allocated. But other levers may be more important for most households.
At FPA San Diego, Alicia Munnell Paints Bleak Retirement Picture
Alicia Munnell, director of the Center for Retirement Research at Boston College, told attendees at the FPA Experience 2011: “We have a significant increase in retirement needs and a decrease in available retirement resources.”