What’s Mom Worth? Between $62,985 and $118,905

It’s difficult to put a price tag on moms (or so we’d like to think). Nevertheless, as Mother’s Day approaches this Sunday, two websites calculated a mom’s worth based on her various jobs around the house. Think top chef, chief accountant, chauffeur and teacher. Using Bureau of Labor Statistics wage data that correlates with those jobs outside the home, Insure.com said moms are worth $62,985 in 2014. That’s higher than their value last year, which was $59,862. >> Sign up for …

Unemployment for Older Workers a Little Bit Better

Employers added a higher-than-predicted 288,000 jobs to the economy in April and older workers seemed to benefit a little from that momentum, the government said Friday. Among men age 55 and older, the jobless rate in April declined slightly to 4.7 percent from 4.8 percent in March.  Older women saw a similar drop, to 4.6 percent from 4.7 percent the month before. For some perspective on the improving employment picture, consider that in April 2013, the jobless rate for older …

Do You Worry About Money? Join the Club

Whether you’re nearing the end of your working life or still several decades away, Americans all share the same financial fear: Will I have enough money to retire? More than two in three Americans ages 30 to 64 say their top financial worry is whether they’ll be able to save enough to live reasonably well in retirement, according to a Gallup poll released this week. Not being able to pay for medical costs was the top money fear for people …

Miss Those Paper Social Security Statements? They’re Back

For those of you who liked getting your estimated Social Security benefits statements by mail, you’re in luck. The Social Security Administration says it’s planning to send out paper statements once again, beginning in September. Not everyone will get one, however. Only workers who haven’t signed up to review their statements online will be getting the paper version - and those will be mailed out only every five years rather than annually, says SSA spokeswoman Dorothy Clark. Related: When Should You …

The New Older Workers: Women

The U.S. workforce has been turned on its (graying) head. New research finds that workers at or near retirement age are taking up a bigger share of the labor pool – a trend that’s driven mainly by women. And in this ever-evolving jobs landscape, older men and women are projected to be working more in the next decade. Using the latest Census Bureau data, the Washington-based Employee Benefit Research Institute looked at workers’ labor force participation rates over the last four …

Fees Can Sap Over $100,000 From Your 401(k) Plan

Some 52 million Americans rely on their 401(k) savings plans as a key part of their retirement. Now, the Washington-based Center for American Progress says in a new study that high investment fees could cost the typical worker $100,000 or more over the course of a four-decade career. That may force some to stay on the job at least three years longer than they’d planned just to make up for that loss. Given the fact that many older workers are having a difficult …