Why last-minute IRA contributors are leaving money on the table

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Individual Retirement Account contributions are getting larger – an encouraging sign of a recovering economy and improved habits among retirement savers. But there is an “I” in IRA for a reason: investors are in charge of managing their accounts. And recent research by Vanguard finds that many of us are leaving returns on the table […]

The best places to retire successfully

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Minnesota just might be the best place to get old in America–if you’re interested mainly in quality health care and don’t mind cold winter weather. A state-by-state ranking of senior health gives Minnesota top honors for a range of reasons–everything from the rate of annual dental visits to the quality of nursing home beds and […]

Why 401(k)s won’t offer longevity annuities anytime soon

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Longevity risk – that is, the risk of outliving your retirement savings – is among retirees’ biggest worries these days. The Obama administration is trying to nudge employers to add a special type of annuity to their investment menus that addresses that risk. But here’s the response they’re likely to get: “Meh.” The U.S. Treasury […]

Twitterverse has questions about retirement; we’ve got answers

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The Twitterverse has questions about retirement. What’s the best way for young people to get started saving? Are target date funds good or bad? Should we expand Social Security to help low-wage workers? Those are just a few of the great questions I fielded during a retirement Tweet-up convened this week by my colleagues at […]

Retirees: Have you checked bank CD rates lately?

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Getting  low-risk yield has been one of the toughest challenges for retirees ever since the financial meltdown of 2008-2009. Interest rates are near zero, and many retirees are nervous about bonds out of fear that rates might jump. All of which leaves a simple question: How about a good old-fashioned certificate of deposit? Retirees desperate […]

More Americans are aging in place; Can towns and cities adapt?

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The graying of the American homeowner is upon us. The question is: Will communities be ready for the challenges that come with that? The number of households headed by someone age 70 or older will surge by 42 percent from 2015 to 2025, according to a report on the state of housing released last month […]

Why most seniors can’t afford to pay more for Medicare

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Should seniors pay more for Medicare? Republicans think so; they have repeatedly called for replacing the current program with vouchers that would shift cost and risk to seniors. There’s no doubt this is where Republicans will take us if they capture control of Congress this year, and the White House in 2016. Representative Paul Ryan, […]

Hello, Congress: Americans want a strong Social Security system

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Political polarization is at a historic peak. Americans are divided on gun control, abortion, healthcare and privacy, according to a study released last month by the Pew Research Center for the People & the Press documenting our increasing ideological rigidity and partisan antipathy. Then there’s Social Security. The public is worried deeply about the finances […]

Retirement and same-sex couples, a year after DOMA ruling

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Something big happened in the world of retirement benefits a year ago today: The U.S. Supreme Court struck down the Defense of Marriage Act. The court’s recognition of marriage equality has transformed life for many same-sex couples. In the realm of retirement benefits, the DOMA ruling opened the door for couples to receive spousal benefits […]

The state of senior health: It depends on your state

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What are the best and worst places to stay healthy as you age? For answers, take out a map and follow the Mississippi River from north to south. The healthiest people over 65 are in Minnesota, the sickest in Mississippi. That’s among the findings of the America’s Health Rankings Senior Report released in May by […]