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CalPERS Plan Would Require Higher Contributions From Workers Hired After 2013

CalPERS, the largest public pension fund in the U.S., has reportedly spent the past few months working on a plan to invest a higher percentage of its assets into conservative investments ...
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Stanford Researcher: Delay Social Security Until 70 If You Want A 30-Year Retirement

Dr. John Shoven, director of the Stanford Institute for Economic Policy Research, gave a talk this month called “Financing a 30-year retirement.” Dr. Shoven’s thesis was that ...
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Video: The Most Common Retirement Mistake

In this short video, financial planner David explains the most common mistake people make in retirement planning: waiting too long to start saving.   Video credit: Money magazine Feature ...
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CalPERS Endorses Proposal to Extend Fiduciary Standard to Retirement Advisors

CalPERS this week weighed in on a proposal that would increase the transparency and accountability of individual retirement advisors. The pension fund roundly endorsed the proposal ...
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Video: Is There A “Magic Number” For Retirement Savings?

How much money should you have saved before you decide to retire? There’s no single right answer. In this video, Patricia Powell of Wealth Health discusses how much people need to ...
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Another Chicago Pension Law Could Soon Face Legal Challenge

Chicago’s 2014 pension reform law will soon be heard by the state Supreme Court. But there’s another, lower-profile law – one that eliminated COLAs for retirees in the Chicago ...
What Tom Wolf’s Win Means For Pennsylvania Pensions

Pennsylvania Gov. Wolf Softens Stance on Pension Overhaul As Budget Stalemate Drags On

Under pressure to resolve a budget stalemate that has gone on for over a month, Pennsylvania Gov. Tom Wolf – previously staunchly opposed to any pension reforms that cut benefits ...
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Video: One Woman’s Story of Getting Conned Out of Life Savings At Age 74

The above video tells the story of Ramona Wilson, a retired Ohio woman who was conned out of $50,000 by an ex-felon masquerading as a priest. The man was also her husband — but ...
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Survey: When It Comes to Retirement Finances, Retirees More Confident Than Workers

The Employee Benefit Research Institute (EBRI) released its annual Retirement Confidence survey recently, and — as usual — the report contained loads of interesting insights. One ...
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New Jersey Supreme Court Will Hear Lawsuit Over Frozen COLAs

Did New Jersey act illegally when it froze cost-of-living adjustments as part of a 2011 pension overhaul? The state’s high court will soon decide — it was announced on Thursday ...
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