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<a href=http://www.gallup.com/poll/162605/income-age-key-factors-retirement-funding-expectations.aspx?utm_source=tagrss&utm_medium=rss&utm_campaign=syndication target=_blank >Income, Age Key Factors in Retirement Funding Expectations</a>

Income, Age Key Factors in Retirement Funding Expectations

By JEFFREY M. JONES, Gallup— Non-retired Americans’ expectations about which sources they will rely on to fund their retirement differ significantly by their annual household income. Upper-income non-retirees are much more likely to say investments, such as a 401(k), IRA and other retirement savings accounts or individual stock investments, and work-sponsored pension plans will be […]

Financial Co-Operatives: Safe Bet In A Banking Crisis

ILO News– Financial co-operatives out-performed traditional investor-owned banks during the global financial crisis on almost every rating level, according to a new International Labour Organization  study. The study, titled Resilience in a downturn: The power of financial co-operatives, says customer-owned banks were much more stable and more efficient than the big traditional banks. “Financial co-operative” is […]

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Older Workers Delay Retirement, No End In Sight For Many

The Conference Board—Even as stock prices rise, unemployment drops, and overall recovery takes hold, more U.S. workers than ever are delaying retirement, according to a report by The Conference Board, Trapped on the Worker Treadmill? “It’s disconcerting that the two years in which the U.S. economy seemed to finally, if fitfully, turn the corner also left […]

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EBSA Launches 401(k) Retirement Savings Fee Disclosure Website

Your 401(k) has retirement savings plan been costing you money. How much? Until now it was difficult, if not impossible to tell for sure. Now, for the first time, you can find out exactly how much you are paying for 401(k) plan. The U.S. Department of Labor’s Employee Benefits Security Administration has announced a new […]

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From the Blogosphere: Mandatory E-Verify Would Overwhelm Social Security Administration, Increase Disability Backlog

From Scott Hochberg, strengthensocialsecurity.com, Our Future The train of threats to Social Security this year keeps on rolling, this time from the Chairman of the House Judiciary Committee. The “E-Verify” program threatens to undermine the Social Security Administration (SSA) and the millions of Americans who rely on it. Assuming the President stays the course and refuses to propose […]

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U.S. Census Bureau Reports Record Number Living in Poverty, Declines in Pay and Health Insurance Coverage

The U.S. Census Bureau reports that an estimated 46.2 million people, 15.1% of the population, living in poverty. It is the largest number in the 52 years that Census Bureau has been estimating the poverty rate in the U.S. The real benefits of health care reform won’t kick until 2014. Meanwhile, nearly 50 million Americans, […]

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“I will never feel comfortable investing in the stock market”…Younger Workers Scared Off Stocks After Wall Street Plays Fast and Lose, Survey Finds

From Investment News: According to the results of a survey of American members of Generation Y, 77 million people ages 18 to 30 with nearly $1 trillion worth of spending power, lean towards a conservative approach when investing their money. The survey of nearly 1,000 Gen Y investors with more than $100,000 worth of investible assets […]

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Retirement Fantasies and Hard Reality

Definitely palm trees, two in fact. With my Oaxacan hammock suspended between them, and me cooled by gentle ocean breezes while being kept company by a thick stack of great books. That’s my personal retirement fantasy. Everyone should have one. We all know that a rich fantasy life will get us through the worst times. […]

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Nicolas Sarkozy calls for calm as French pension protests gather pace | World news | The Guardian

Strikes gathering pace against Nicolas Sarkozy’s pension reforms appeared to be pushing France closer to crisis today as fuel shortages were felt across the country and violence erupted on the sidelines of protests by children. via Nicolas Sarkozy calls for calm as French pension protests gather pace | World news | The Guardian.

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