The Challenge of Supporting Your Grown Children

Posted by Richard on October 22, 2014

Say so-long to the days of “empty nesters,” when parents would make life changes once their children had moved out and moved on. It is more likely that parents today are dealing with a “full nest.” A study in 2010 by researchers at Columbia University using the U.S. Current Population Survey found that 52.8% of […]

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Roth 401(k)s Gaining Ground, Enhancing Retirement Readiness

Posted by Richard on

  The use of Roth 401(k)s by retirement plan sponsors has been on the uptick for the past several years. According to research conducted by PLANSPONSOR.com, 52.4% of employers now offer a Roth-type defined contribution account, compared with only 11% in 2007. Among the largest plans (those with more than $1 billion in plan assets), […]

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Medicare and Social Security: A Good News, Bad News Story

Posted by Richard on

The good news for Medicare is that the program’s outlook has improved considerably in the past year. According to the trustees, Medicare’s Hospital Insurance Trust Fund is in good shape until 2030 — that’s four years longer than the trustees projected last year — and 13 years longer than they anticipated the year before the […]

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