'Many of the decisions presented here are beyond the skills of most pre-retirees and retirees,' writes the author, a research scholar at the Stanford Center on Longevity. 'They’re going to need help.'
There's more to Biden's proposal than raising payroll taxes on >$400k earners. The wealthy would see their benefits go up more in dollars, while the poor would see theirs rise more on a percentage basis. The Social Security 'funding gap' remains unresolved under the proposal, however.
In times of uncertainty, more advisers prefer to retain control over investment decisions rather than follow outsourced or company-mandated portfolio adjustments, the research firm said in a new report.
Protective’s new fee-based VA available at RetireOne; U.S. could save trillions in health care costs in coming decades: McKinsey; Vanguard adds new manager to its International Value Fund
Laid-off manufacturing workers are more likely to lose health insurance than service workers, because they're more likely to have employer-provided health insurance in the first place.