Game On! Challenge Yourself With Something New and Exciting

Recently, I went to the ballpark for fun with my kids, Ayanna and Andrew. The Nationals and the Phillies were playing! Then I was off to Yale University, my alma mater of long ago, to speak to four business school classes. Whenever I visit, I have the same insecurities as way back when. But I’ve found my voice and my self-confidence in the years since. As I said on Facebook, it was game on. The reality is that my life …

Lobby Day: Taking Capitol Hill by Storm

Today, I’m proud to join AARP volunteers from every state in making our voices heard on Capitol Hill. We will meet with members of the House and Senate from all 50 states, urging them to pass laws to protect and enhance the health and economic security of all people as they age. We will also express our thanks to those members who helped pass a “doc fix” law that allows Medicare beneficiaries to continue seeing their physicians. The issues we …

Zorro Lunch Box or Retirement Account, How Are You Saving for Your Future?

Growing up, I could tell  when my Pop was coming home from work by hearing the jingling of change in his pockets. And, every night before he sat down for family dinner, Pop would go to the basement and empty the contents of his pockets into a Zorro lunch box for safekeeping. Mom and Pop were devoted savers — Pop in his lunch box and Mom in her Christmas Club account at the bank. One day Pop announced, “It’s time …

Remembering Willie T. Barrow, ‘the Little Warrior’

Just last year I wrote about the Rev. Willie T. Barrow, nicknamed the Little Warrior, as an example of seasoned civil rights leaders who chose to stay in the battle instead of retiring. Receiving an award, she once said, “At the age of 89 years, I’m still working. The good Lord is not through with me yet.” Barrow, a veteran foot soldier for civil rights, passed away March 12 at the age of 90. The field organizer for the Rev. …

What Will Retirement Look Like for Our Adult Children?

For decades, the three-legged stool was the metaphor for funding retirement: Social Security, pensions and savings/investments. Because of the recession and drop in pensions, the stool started to shake. That hasn’t escaped the notice of our adult children as they watch parents head into retirement. The upside of those watchful eyes is that many millennials have begun saving for their own retirement. At an unprecedented age of  22, some 70 percent of working millennials are socking money away, according to …

Labor Department Proposes Rule to Save Retirees Billions

Financial advisers would have to adhere to more stringent standards when giving advice on 401(k) plans, IRAs and other retirement accounts under a rule proposed Tuesday by the U.S. Department of Labor. The proposed rule would protect people saving for retirement from being steered into accounts with high fees and commissions that benefit the adviser at the expense of the saver. It would force financial professionals to act in the best interest of their clients — a move that advocates say would …