TITLE

STAT BANK

PUB. DATE
November 2006
SOURCE
Journal of Financial Planning;Nov2006, Vol. 19 Issue 11, p12
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents statistics related to financial planning. 19% of today's workers know when they'll be eligible for full Social Security benefits, with nearly half of today's workers mistakenly thinking they'll receive benefits earlier than they actually qualify, according to the Employee Benefit Research Institute and Matthew Greenwald & Associates. The 907-page Pension Protection Act of 2006 comes with 376 pages of explanation attached. 55 percent of affluent investors would follow their advisor if they moved to a new firm.
ACCESSION #
23138521

 

Related Articles

  • Don't Forget Retirement Risks.  // Best's Review;Jun2006, Vol. 107 Issue 2, p89 

    The article reports on the shortcoming of financial plans in the United States. Financial plans are set up to last to a retiree's life expectancy usually 85 years, thus impoverishing some retirees by design. This is according to Brian Perlman, a member of market research firm Matthew Greenwald &...

  • Financial Risk Taking by Age and Birth Cohort. Jianakoplos, Nancy Ammon; Bemasek, Alexandra // Southern Economic Journal;Apr2006, Vol. 72 Issue 4, p981 

    This study decomposes the effects of chronological age, birth cohort, and calendar year on the age profile of household financial risk taking. Using two measures of risk taking, one based on observed portfolio allocations of wealth and another based on survey respondents' stated willingness to...

  • Facing the new retirement revolution.  // Finance Week;7/27/2005, p46 

    The article focuses on the shift in contribution fund arrangements South African employees receive upon their retirement. The measure provides that the amount employees receive on retirement depends entirely on investment performance. Several factors that rank ahead of performance in...

  • Social Security 'do-overs' provide way to boost benefits. Ruggles, Kelly C. // Journal of Business (10756124);10/9/2008, Vol. 23 Issue 21, pB4 

    The article discusses the significance of a do-over on financial planning of Social Security benefits in the U.S. A do-over is when someone withdraws their application for Social Security benefits and pays back all the Social Security money they have received since first filing for benefits. It...

  • IRA Planning Mistakes. Rudzinski, Kenneth W. // O&P Business News;9/15/2005, Vol. 14 Issue 18, p41 

    This article discusses common individual retirement account (IRA) planning mistakes in the U.S. One mistake is the failure to take advantage of increased contribution limits. The limit was increased to $4,000 in 2005, and is scheduled to grow annually for the next few years. Also, IRA owners age...

  • We need Social Security as a safety net. Worley, Grace M. // Indianapolis Business Journal;4/18/2005, Vol. 26 Issue 6, p13 

    Comments on the impact of the proposed use of personal savings accounts for Social Security tax investment on the real purpose of Social Security in the U.S. Establishment of Social Security as an old-age safety net; Assertion of the author that the use personal savings accounts for Social...

  • RETIREMENT 101: BROWN BAG, AT NOON, IN THE CAFETERIA.  // Financial Executive;Mar/Apr90, Vol. 6 Issue 2, p8 

    The article focuses on the offering of pre-retirement advice to employees by organizations in the United States. It states that larger organizations that possess greater than 20,000 employees are more likely to have pre-retirement planning programs for their employees. It mentions that reasons...

  • Residents living longer, but not saving enough. Chuvala, Bob // Fairfield County Business Journal;2/19/2007, Vol. 46 Issue 8, p3 

    The article discusses the view of Matthew Tuttle, a financial adviser, on the financial problems faced by older people in Fairfield County, Connecticut. According to Tuttle, people who lived longer would have difficulty in sustaining their savings when they retire. He further commented on the...

  • Fact and Comment. Forbes, Steve // Forbes Asia;11/12/2007, Vol. 3 Issue 19, p13 

    The article offers the author's views on several issues related to the global financial market. He points out that the Democrats should advocate allowing U.S. workers to put their Social Security taxes into their own personal retirement accounts. He also notes that the Federal Reserve should not...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics