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Income annuity puzzle: Why don’t more people use them? 19 Aug 2013 | 06:09 pm
Economists have long argued that there’s a perfect financial product for retirement: the humble immediate income annuity. It’s a straightforward proposition: Fork over a big chunk of cash to an insur...
Social Security: Finding your best filing strategy 16 Aug 2013 | 06:48 am
For most households, there’s no retirement resource more important than Social Security. And making smart decisions about when to file for benefits can make a difference of thousands of dollars during...
Half of all workers retire earlier than expected – and not by choice 16 Aug 2013 | 01:00 am
Just under half of all workers retire earlier than they expected – and not by choice – according to new research by LIMRA, the insurance industry research firm. The most commonly cited reasons include...
Why Genworth’s long-term care moves are sparking concerns 15 Aug 2013 | 09:23 pm
Thomas McInerney, Genworth Financial’s CEO, told investors recently that the company is “conducting an intense, very broad and deep review of all aspects of our LTC insurance business.” He said he ho...
Social media usage soars among the 50+ crowd 8 Aug 2013 | 09:57 pm
Christine Jensen Christine Jensen has two adult daughters in their thirties, and they like to tease their mother about the amount of time she spends on Facebook. “The aren’t on it nearly as as much ...
Employers look to Obamacare exchanges and Medicare for retiree health insurance 6 Aug 2013 | 06:25 pm
Chicago Mayor Rahm Emanuel is leading the charge in the public sector to cut healthcare costs by shifting retirees into new public insurance exchanges created under Obamacare. Detroit, which filed f...
Getting small business employees to save more for retirement 1 Aug 2013 | 09:23 pm
The U.S. Chamber of Commerce and AARP usually can be found on opposite ends of the ideological spectrum when it comes to retirement policy. The two Washington advocacy powerhouses have often been at l...
How to get small business employees to save more for retirement 1 Aug 2013 | 09:17 pm
The U.S. Chamber of Commerce and AARP usually can be found on opposite ends of the ideological spectrum when it comes to retirement policy. The two Washington advocacy powerhouses have often been at l...
Detroit’s pension crisis: What it means for other retirees 31 Jul 2013 | 01:09 am
The news from Detroit is enough to rattle anyone relying on a traditional pension: an unprecedented bankruptcy filing by a major U.S. city that opens the door to possible sharp cuts in benefits. It’s...
Detroit’s pension crisis: What does it mean for other retirees? 31 Jul 2013 | 01:07 am
The news from Detroit is enough to rattle anyone relying on a traditional pension: an unprecedented bankruptcy filing by a major U.S. city that opens the door to possible sharp cuts in benefits. It’s...
