Is Education Bad for Younger Workers?
Higher levels of education attained by older workers are keeping them in the workforce longer, crowding out younger workers looking for jobs.
Could American Donors Be More Generous?
Americans give more to charity as a percentage of GDP than their counterparts in many other major industrial countries, but advocates would like to push this rate higher.
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.
Ex-NHL Player, Now HighTower Advisor, Scores Big With Pros
A professional athlete that’s really good with money—it’s a rare find, but the need is critical.
Alicia Munnell: Ban Actively Managed Funds From 401(k)s, IRAs
Why is it that every current wirehouse advisor says they’re completely open-architecture, while every former wirehouse advisor says they faced pressure to sell proprietary products?
Downsizing Your Home: Is It Worth It?
Boomers who intend to move into a smaller home to lower their cost of living probably won’t save much money doing so, according to a report by the personal finance website GoBankingRates.com.
Does the 4% Rule Still Hold? Shaping Healthier Retirement Income Planning
Changing times and increased market volatility have clients wondering—is there a better way?
Running Out of Money
It is a major fear for many Americans. In fact, there is excellent research to support the idea that Americans fear running out of money in retirement more than they fear death.
IRS Withdrawal Calculation Offers Alternative to Standard 4%
Here’s a news flash; the IRS offers a calculation that actually helps consumers. Who knew?
Olivia Mitchell, Kent Smetters, Others Reveal Holes in Retirement Advice
Surveys show millions of people want to discuss retirement with a professional advisor. But a forthcoming book edited by Olivia Mitchell and Kent Smetters points to barriers to advice in the retirement marketplace.