Tuesday, April 23, 2013
With pension plans nearly obsolete and most employees relying on their companies' 401k plans to prepare for retirement, many Americans may not know how to invest their money into these plans and the associated costs and fees that go along with that.
Tuesday, April 23, 2013
What is a Weapon of Mass Destruction? | Terrorist: an Evolving Term | Senate to Vote on Internet Sales Tax | Planning for Retirement: "The Math Doesn't Work" | A New History Puts a Critical Eye to Florida's Past
Tuesday, March 19, 2013
Continuing our thread this week about the changing American workplace, here's a fact about the changing American workforce: it's getting older. But the current workplace isn't set up for that kind of longevity, so workers are forced to negotiate that terrain by themselves. Susan Damour tried retiring at age 64, but less than two years later she was back in her office at the General Services Administration of the federal government. Laura Carstensen is a professor of psychology and director of the Stanford Center on Longevitiy, and she has been studying the physical and mental health benefits of working longer and retiring later.
Tuesday, November 20, 2012
Tuesday, July 31, 2012
It’s been 30 years since the Individual Retirement Account model, or the 401(k), became the standard way for Americans to save for retirement. And it has failed — or so says Teresa Ghilarducci, professor of economics at the New School for Social Research.
Friday, June 08, 2012
Tax-advantaged accounts like the 401(k), 403(b), and 457 plans are popular ways to invest money for retirement, but unlike traditional pension plans, these plans require people to manage their investment strategies yourselves. Eleanor Laise, Editor, Kiplinger's Retirement Report, and Anthony Webb, research economist at the Center for Retirement Research at Boston College, discuss how these plans work, how best to manage them, and how to plan—and save—for retirement.
Wednesday, May 09, 2012
Wednesday, May 02, 2012
According to a new survey from Ameriprise Financial, just one in four baby boomers are saving for their retirement. Instead, many are putting their money towards helping their aging parents and adult children. Suzanna de Baca, vice president of wealth strategies at Ameriprise Financial, explains the pinch boomers are finding themselves in. Takeaway listener Mark Niedt in Denver explains why he has been helping support his adult children.
Wednesday, March 21, 2012
By Rami Vamos
The author, who began his teaching career in a New York City school before going to the suburbs, proposes a new kind of teaching fellowship that would bring veteran teachers close to retirement into failing schools, where they would work as mentors for new younger teachers. The idea could benefit the children who most need their help, he writes.
Friday, July 22, 2011
As Capitol Hill approaches a deal on the debt ceiling an economist says there’s a simple way for Americans to help erase the country’s debt: work for extra decade beyond the current retirement age of 65. Pippa Malmgren, who was financial market advisor to George W. Bush from 2001-2002, told The Takeaway on Thursday that "the bottom line" is that the U.S. "can fix our problems pretty easily, everybody just has to work ten years longer."
Thursday, June 16, 2011
There are around 70 million people born between 1946 and 1964 — known widely as Baby Boomers. Around 65 million of those people are in the workforce today and of those, 28.7 million are over the age of 55. What if those positions were suddenly freed up? How many jobs would that mean for the nearly 11.5 million people under the age of 55 currently unemployed? What economic benefits are there for companies, who would get cheaper insurance premiums with a younger staff? And what kind of stress would this put on Medicare and Social Security?
Wednesday, April 13, 2011
Over 20 locations across the country put in their bid to house one of the retired space shuttles, and only four won. NASA announced the winners yesterday on the 30th anniversary of the first space shuttle flight, Columbia. Kennedy Space Center Visitor Complex in Florida will soon have space shuttle Atlantis; Endeavor will head to the California Science Center in Los Angeles; the Intrepid Sea, Air & Space Museum in New York City won Enterprise, which will move from the Smithsonian's National Air and Space Museum, to make room for Discovery.
Thursday, March 17, 2011
Joe Flood, editor-at-large of aiCIO Magazine and the author of The Fires: How a Computer Formula, Big Ideas, and the Best of Intentions Burned Down New York City-and Determined the Future of Cities, talks about the investment of NYC's public pension funds.
Wednesday, March 16, 2011
Robert Hiltonsmith, policy analyst at Demos, and author of their report The Failure of the 401(k), looks at the current state of private sector retirement plans and what alternatives there are to the 401(k) deferred savings plan.
Tuesday, March 15, 2011
John Fund, columnist for the Wall Street Journal editorial page and author of How the Obama Administration Threatens to Undermine Our Elections and Teresa Ghilarducci, labor economist at The New School and author of When I'm Sixty-Four: The Plot Against Pensions and the Plan to Save Them discuss public worker pensions.
Tuesday, March 08, 2011
Senator John Ensign (R-Nev.) announced his pending retirement yesterday, saying he would not run in the 2012 election. The announcement came to the obvious relief of many of his colleagues — Sen. Ensign is currently being investigated for an alleged affair with a former staffer. But he's not the only lawmaker planning to sit out the coming election; seven others have also announced plans to get out of politics, or at least, government. Joining us to talk about the other lawmakers who are retiring, and how that may challenge party strategy, is Takeaway Washington correspondent Todd Zwillich.