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10 Matching News Items |
| 1. |
Reuters in FoxBusiness.com
June 6, 2012
"The projected growth rate of 7.5% for overall healthcare costs contrasts with expectations for growth of 2.4% in U.S. gross domestic product and a 2.0% rise in consumer prices during 2013 ... Healthcare costs have long been known to outstrip economic growth and inflation rates ... But PwC's Health Research Institute ... said data for the past three years suggest an extended slowdown in healthcare inflation from earlier decades when annual costs rose by double-digits."
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| 2. |
Reuters in FoxBusiness.com
Aug. 16, 2012
"When it comes to retirement planning, experts say most boomers overlook the cost of health-care. In fact, a new study from the Society of Actuaries shows nearly half of Americans between the ages of 45 and 70 years have no financial plans in place to protect themselves against outliving their assets and the rising cost of health care."
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| 3. |
Reuters in FoxBusiness.com
July 5, 2012
"Paying off a mortgage when you retire, even if you have to use retirement funds to do so, may sound very appealing. We're not making much money in savings accounts or money markets right now, anyway. Surely, the thinking goes, if we all paid off our mortgages, we could retire and live on very little income. Nevertheless, unless your mortgage balance is very small in comparison to your retirement nest egg, [the author] would strongly advise against raiding it to get rid of your mortgage."
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| 4. |
Reuters in FoxBusiness.com
June 29, 2012
"IRS officials on background tell FOX Business the U.S. Supreme Court ruling on health reform gives the IRS even more powers than previously understood. The IRS now gets to know about a small business's entire payroll, the level of their insurance coverage -- and it gets to know the income of not just the primary breadwinner in your house, but your entire family's income, in order to assess/collect the mandated tax. Plus, it gets to share your personal info with all sorts of government agencies, insurance companies and employers."
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| 5. |
Reuters in FoxBusiness.com
June 26, 2012
"If you're a baby boomer who has been planning to retire at your full retirement (currently 66), waiting until 70 is only four years longer. And during those four years, 'magic' can occur. In addition to giving your investments more time to grow, you get a big boost in Social Security income, which increases by 8% for each year past your full retirement age that you postpone the start of benefits."
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| 6. |
Reuters in FoxBusiness.com
June 14, 2012
"The U.S. government agency that guarantees workers' pensions took over Dewey & LeBoeuf LLP's underfunded pensions after a federal judge terminated the plans and appointed the Pension Benefit Guaranty Corp. as trustee. Judge Jesse M. Furman of the U.S. District Court in New York on Wednesday signed off on a consent order terminating the law firm's three pension plans, putting the pension regulator in charge."
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| 7. |
Reuters in FoxBusiness.com
July 30, 2012
"[A recent] survey indicates that 'retirement planning' is a very loose concept among Americans. In many cases, the approach could be better described as wishful thinking.... [S]ome points of concern raised by the study: 1. Savings rates remain very low... 2. Retirement targets are also too low ... 3. Too many people are relying on guesswork... 4. Funding levels are off target ... 5. People seem to be betting on good health... 6. Many start planning too late."
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| 8. |
Reuters in FoxBusiness.com
June 7, 2012
"Over the next few weeks some 42,000 white-collar General Motors retirees will take a crash course in actuarial math.... those retirees now get a second chance to decide how they want to take their retirement benefits. Here are some questions they -- and anyone weighing a lump sum buyout or a private annuity -- should ask[.]"
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| 9. |
Reuters in FoxBusiness.com
July 24, 2012
"There are various ways to plan and save for retirement, but for some, that advice is about 40 years too late. Even if you're starting late or have faced numerous setbacks, retirement is possible. Here are some tips from industry professionals on how to make your last-minute retirement dreams a reality."
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| 10. |
Reuters in FoxBusiness.com
June 14, 2012
"The vision of Florida, golf courses, cruises, and RV trips didn't fit ... [A group of 20-somethings] all agreed that our generation, with its student-debt, terrible economy, and little ability to trust the solvency of social security, has to redefine our image of retirement."
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