Please Note:

The retirement lifestyle planning guides formerly at this website are no longer available online, for they are being expanded into book format. Please check back for further publication details.

For that reason, the overall content and structure of this site are undergoing renovation during this time of transition.

Meanwhile, please visit us every week at this site for the latest Retirement Buzz--weekly news you can use about your retirement.

Retirement Buzz

Week of August 6, 2010

Saving for Retirement: Like Getting in Shape

Saving for retirement can be a bit like trying to get in shape (more)

Declining Expectations

According to the results of a Chicago Tribune/WGN poll, 42% of Chicago-area workers under the age of 35 had changed their expectations about retirement as a result of the recession. (more)

Save for Retirement Week

U.S. Rep. Allyson Schwartz, D-Pa., has introduced a resolution on the floor of the U.S. House of Representatives designating October 17 through October 23 as "Save for Retirement Week." (more)

Deficient Savings

Data from the Employee Benefit Research Institute indicates that, in the United States,less than 2/3 of workers or their spouses are currently saving for retirement and that the actual amount of retirement savings of workers lags far behind the amount that will be needed to adequately fund their retirement years. (more)

Saving for Health Care

The Center for Retirement Research at Boston College, by conducting over 300,000 simulations, has found that the average remaining uninsured lifetime health care expenditure for a typical married couple age 65 is $197,000. (more)

Small-Business Calendar

There are several deadlines in September and October that business owners must meet if they want to set up plans known as SEPs or SIMPLEs or if they still want to make contributions for 2009 for many existing plans. (more)

Retiree Appreciation Day 

Sheppard Air Force Base will show its appreciation for area military retirees with the 23rd annual Retiree Appreciation Day scheduled Aug. 13 and 14. It is open to all branches of military service. (more)

Benefits of Health Reform

The following information was released by the Alliance for Retired Americans:

“Today is the 45th anniversary of Medicare, a milestone for a true American success story that has helped reduce senior poverty by two-thirds. (more)

Sacramento’s Freedom of Information

In a unanimous vote on July 27, 2010, the Sacramento County Board of Supervisors voted to request that the Sacramento County Employees Retirement System (SCERS) abandon its court appeal regarding disclosure of pensions. (more)

Satisfaction with Medicare

In an independent survey, conducted the week of the 45(th) anniversary of Medicare, 85% of 504 retirees queried said they are “very” or “somewhat” satisfied with their Medicare coverage. In fact, 67% said they are as satisfied, or more satisfied, with Medicare than their previous employer-sponsored group health plans. (more)

Search

Indispensable Links

Retirement News

Retirement Tips

Today's News