retirement security

Recession Will Haunt Us Into Retirement

Posted on 05/17/2013 by |Money and Work | Comments

Bulletin Today | WorkOlder boomers, many at retirement’s doorstep, lost more than quarter of their net worth during the recession. Yet they may be the last demographic to retire with enough savings to live comfortably, according to a new study. Younger boomers (in their late 40s and 50s), and Gen-Xers (in their late 30s and early 40s) are on track to retire with skimpier savings. Consequently, they’re likely to face a pared-down lifestyle in retirement. Put another way, they’ll be the first two …

Moms Are Better Than Dads (About Money Talks)

Posted on 05/7/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsOK, so maybe I’m a little biased. But a new survey finds what we mothers have known all along: We’re better than dads when it comes to discussing money matters with our adult kids. “Moms are more likely and open to having deep, detailed discussions,” says Lauren Brouhard, a senior vice president for retirement with Fidelity Investments, which conducted the survey. “What’s really important is that these not just be surface discussions,” Brouhard adds. “Nobody wants surprises down the road, …

Survey Finds Employers Worried About Workers’ Retirement Savings

Posted on 10/9/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsWhen we think about retiring in the not-too-distant future, many of us get nervous, wondering whether we’ll have enough saved to maintain our lifestyle throughout the years. It turns out that our employers are worried about us, too. A new survey by consulting firm Towers Watson finds that most employers don’t believe  their workers make informed decisions about their retirement savings. They say their 401(k) plans are ‘”misunderstood and underutilized” by employees. Employees are not awash in confidence, either. In a 2011 …

Obama, Ryan Talk About Medicare, Social Security, Political Gridlock at AARP Life@50+

Posted on 09/21/2012 by |Politics | Comments

Bulletin Today | PoliticsPresident Obama and Republican vice presidential nominee Paul Ryan went before 5,000 AARP members in New Orleans on Friday to make their respective cases and take questions, with each promising to do a better job of protecting Medicare, Social Security and other programs for older Americans. See also: Obama, Ryan videos and transcripts In the most direct faceoff the two campaigns have had this season on retirement-related issues, both Obama (appearing by satellite) and Ryan (who joined the AARP Life@50+ event …

In Key Debates, Senate Candidates Make No Mention of Medicare, Social Security

Posted on 09/20/2012 by |Politics | Comments

Bulletin Today | PoliticsMedicare and retirement security have been hot issues in this year’s congressional campaigns, made even more critical with control of the Senate up for grabs. But you wouldn’t know it from watching some of the debates in key battleground states. See also: AARP calls for presidential debates to address Social Security, Medicare Debate season kicked off this week with nary a reference to Social Security, Medicare, Medicaid and retirement issues – even as candidates in both parties hammered each other …

The Democratic Platform: A Guide-at-a-Glance for 50+ Voters

Posted on 09/4/2012 by |Politics | Comments

Bulletin Today | PoliticsDelegates at the 2012 Democratic National Convention in Charlotte, N.C., went on record today as committed to keeping the “promise’’ of Social Security and Medicare for older Americans. But their 2012 platform is short on details of their own plans to maintain the financial strength of both programs. The Democratic Party’s 40-page platform, released last night, touches on the major issues of importance to older Americans. Here are highlights (also read the Election 2012 guide to the GOP platform): Medicare …