Should the retirement age be higher? In some countries there is a little more demand for an older retirement age. Today’s article explains which country and what that means. Here’s what they had to say, “Governments in much of the world face the daunting prospect of fierce opposition to raising retirement ages, but in Asia, much of the population wants to see increases. “If there is a mandatory retirement age, we need to rethink … whether people support that,” Donald Kanak, chairman of Prudential in Asia, told the Milken Institute’s Asia Summit earlier this month.” To read more, CLICK HERE.
Month: September 2015
Good News To Come?
Today’s article explains how terrible this quarter has been, however, there still might be a light at the end of the tunnel. Here’s what they had to say, ” The past three months have been brutal. The Dow, S&P 500 and Nasdaq have each plunged about 9% so far in the third quarter and are in the red for the year. They are also all in a so-called correction — down more than 10% from a recent peak. This will be the worst quarter for stocks in four years — the last time the market had a correction. There is a lot to worry about.” To read more, CLICK HERE.
Are You One Of The 68%?
Are you currently saving up for retirement? Or are you one of the many that can’t or don’t want to save. Today’s article explains one of the reasons Americans don’t save for retirement and while you may think it has to do with needing the money or having children, the real reason may surprise you. “Of all the workers who aren’t currently saving through their employer, 68% work for an employer that doesn’t offer a plan and 16% are not eligible to participate in their workplace program. Only 16% could take part but choose not to, a GAO report released today found.” To read more, CLICK HERE.