A digest of
timely information and insight about finance, investing, and retirement.
Institutional
investors see worst calendar year performance since Great Recession |
PlanSponsor
Institutional plan sponsors lost ground in 2018, as fourth-quarter losses
dragged down returns for the year, according to Northern Trust Universe data.
The fourth quarter wiped out gains through the third quarter and resulted in
the worst calendar year performance for plans included in the measurement since
the 2008 global financial crisis.
Retirement
and the age gap dilemma | MarketWatch
Nearly two in 10 married couples in America
have at least a six-year age spread between them, according to the Census
Bureau. So there are millions of people looking for a logical way to balance
their age differences with retirement decisions. The simple answer to age-gap
retirement planning is that there is no simple answer. Everyone’s life journey
and retirement plans are different. That said, retirement—particularly for
age-gap couples—requires forethought aplenty.
Can
the KonMari Method help you declutter your retirement? |
Forbes
Best-selling author, Netflix
star, and professional organizer Marie Kondo has sparked a movement to
declutter your home with a powerful style and simple approach. All of which centers
around one basic question: “Does this bring you joy?” Moreover, can a simple question about “joy” be applied to
the concept of retirement?
Will
your kids be able to retire? | US News
Parents worry that their children will have it worse than they do when it comes
time for them to retire. Many millennials are
burdened with student
debt, suffer from lagging wage growth, probably do not benefit from a company
retirement plan and can look forward to rising health care costs. But is the
future really so bleak for your children? Millennials have approached work a
little differently, and they may do retirement their own way as well.
Americans
want government to play a larger role in retirement planning |
P&I Online
Americans of all political stripes are
worried about retirement security and want government to play a bigger role,
according to a research
report published in February by the
National Institute on Retirement Security at its Washington policy conference. “Retirement
Insecurity 2019: Americans’ Views of the Retirement Crisis,” is based on 1,250
online interviews conducted by Greenwald & Associates in January. Asked if
there is a retirement crisis, 80 percent of Democrats, 75 percent of
Republicans and 75 percent of Independents agreed.
Suspected
elder abuse claims quadrupled in 4 years – here’s what to know and how to
protect your loved ones | Money
Older Americans are at risk for losing more money
than ever, thanks to a rise in financial exploitation targeting the elderly.
Financial scams and other crimes singling out older Americans quadrupled from
2013 to 2017 and involved more than $6 billion in fraud, according to a new
report from the Consumer Financial Protection Bureau (CFPB). To avoid being
taken advantage of by a family member or a stranger, the CFPB recommends some
basic steps to protect yourself or a loved one,
such as securing private financial documents and not allowing caregivers to pay
bills or use a potential victim’s credit card.
