The Truth About 2019’s Social Security Cost-of-Living Increase

(The following article originally appeared on the PBS NewsHour site.) The nation’s 67.6 million Social Security beneficiaries will receive a 2.8 percent cost next year, the Social Security Administration announced recently. That translates to a monthly… Continue reading

Honoring Retirement with a Ritual

Life transitions demand that we change more than our roles or outer activities. They demand that we change from the inside out. With retirement, this shift happens when the obvious roles and responsibilities fall away, the structure of our days dissolv… Continue reading

The Next Retirement Crisis: America’s Public Pensions

Back in 2013, I blogged on Next Avenue about the excellent PBS FRONTLINE documentary, The Retirement Gamble, where correspondent Martin Smith reported on America’s troubling retirement savings crisis. He’s now back with a riveting sequel airing Tuesday… Continue reading

Retirement Planning Advice for Public Employees

Most retirement planning articles talk about 401(k)s, because these retirement plans are aimed at people who work for companies. But public employees who work for government agencies and state colleges or universities have special retirement-planning r… Continue reading

How Other Countries Could Help Fix the U.S. Retirement System

Even in these deeply polarized times, you won’t get much pushback saying that America’s retirement system is flawed. Perhaps there are lessons we can learn from policy experiments and reforms in other countries? The answer is “Yes,” especially by looki… Continue reading

Can Money Buy Happiness? A New Way to Measure

Though it’s true that money doesn’t buy happiness, a lack of it can certainly buy unhappiness. Let’s examine what money is from a different perspective and consider that our definition of financial wealth is flawed. I’ll offer a new way to measure it a… Continue reading

5 Retirement Pitfalls You’ll Want to Avoid

(The following article is adapted from The Retirement Dreammaker: Master the Art of Retirement Abundance by Matthew Jackson.) I’ve interviewed more than 1,000 retirees over the years and have observed retirees defaulting to a retirement lifestyle lacki… Continue reading

Preparing for the Financial Shocks of Widowhood

After reviewing a new survey of widows from Merrill Lynch and Age Wave, I’m worried about the wives of America, or more specifically the wives who, sadly, will likely one day experience the financial shocks of widowhood. Women are more than three times… Continue reading

Parents’ Support to Adult Kids: A Stunning $500 Billion a Year

Many millennials are having a tough time financially launching their adult lives and careers, what with the high cost of rent, student loans and health care, plus unreliable gig-economy income. So it’s no surprise that many of their boomer and Gen X pa… Continue reading