Retirement

The Momentum of Pension Reform in Wisconsin Must Be Extended to Health Insurance for Public Employees and Retirees

Many state and local public employee pension funds are struggling to make up large gaps in their funding — which cratered in the aftermath of the 2008-2009 recession. The one exception is Wisconsin, w…

Retiring Soon? Pay off the House First

In 2011, the first of 78 million baby boomers turned 65. By 2031, the last year of the boomer generation will reach their full retirement age (67). Many will consider moving to a less costly, low-tax…

How Are Seniors Spending Their Money?

Forty-two million seniors currently reside in the United States, and many of the baby boomers who are approaching retirement are not financially ready. Just 20 years ago, most seniors entered retireme…

More Education, Better Retirement

Recent college graduates have had a difficult time finding employment to match their skills. Indeed, unemployment is now higher among 18 to 24 year olds than any other age group. Despite the current l…

Limiting Retirement Account Growth Would Punish Saving

President Obama’s proposed 2014 budget includes a limit on the growth of tax-advantaged retirement accounts. Though Congress is unlikely to adopt his budget proposal, the idea of limiting retirement a…

The Ups and Downs of Reverse Mortgages

Reverse mortgages, formally known as home equity conversion mortgages (HECM), allow seniors to tap into their home equity and receive a lump sum or annuity payment during their retirement years. This…

Are Corporate Bonds Worth a Look?

In this age of low returns on certificates of deposit and jitters over the stock market, many investors wonder where to put their money. One option is corporate bonds. Corporations issue bonds to fina…

The Veterans Disability System: Problems and Solutions

Throughout the history of the Department of Veterans Affairs (VA), fraud, mismanagement and waste have plagued what is perhaps the most comprehensive veterans’ assistance system in the world. An exami…