Working With Widows
It shocked me to learn recently that widows are one of the fastest-growing segments of the U.S. population. The Census Bureau says they numbered almost 12 million in 2011, and their ranks are growing by nearly 1 million every year.
U.S. Payrolls Rise Less Than Forecast; Jobless Rate Falls
The unemployment rate unexpectedly declined to 6.6%.
Older Workers More Likely to Have Access to Retirement Plans
The workers most likely to be focused on saving for retirement probably have access to an employer-sponsored plan and are contributing to it, ICI says.
Health Care May Lead Next Tech Revolution
Technology, not politics, will cut medical costs, and the health care sector may well continue to outperform the rest of the market.
Wealth Rises for Top Earners, Declines for the Lower 93%: Pew
Occupy Wall Street might have to widen its target; from now on, call them “the 93%.”
Five Steps to Improve Gen X, Y Retirement Returns: LIMRA
Looking back at research it released in February on Gen X and Gen Y consumers’ financial knowledge, during a media roundtable at the 2013 Retirement Industry Conference on Thursday, LIMRA identified five steps younger investors could take to improve their outcomes in retirement.
The Future of Financial Advice? Maybe It’s Health Care
I suspect that financing health care will replace investments as the primary service demanded by advisory firm clients in the all-too-near future.
Kitces on the Top 3 Topics for Advisors in 2013—Topic 3: Obamacare
This year may mark the beginning of a permanent change in separating employment from health insurance. Why this development in health exchanges holds major implications for you and your clients.
The Numbers Don’t Lie: Boomers Nervous About Health Care, Social Security
The 2012 Retirement & Politics Survey by Allianz has found that “transition boomers”—people between the ages of 55 and 65 who are less than 10 years away from retirement—see rising health care costs and Social Security as having the greatest impact on their retirement outlook.
Arnott's Firm: U.S. GDP Estimates Way Off: 1% Growth Is New Normal
Unless the U.S. makes politically difficult changes in immigration, employment and investment policies, Americans should expect a long-term “new normal” rate of growth of just 1%, says investment management firm Research Affiliates.