Category Archives: Ch.16, Retirement Planning

Detroit, Pensions, and Retirement Planning

In Chapter 16 of Personal Finance, Turning Money into Wealth, retirement planning is discussed.  In that chapter we discuss defined benefit retirement plans.  To say the least they are great, but problems arise if they aren’t fully funded.  On July … Continue reading

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Planning for Retirement: A Look at Worker Confidence

According to a recent Retirement Confidence Survey by the 2013 Retirement Confidence Survey by the Employee Benefit Research Institute, worker’s confidence that they will have enough money to “live comfortably throughout their retirement years” continues to decline – in fact, … Continue reading

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The Impact of the Recent Downturn on the Wealth Distribution in America

The downturn in the economy that we are still trying to dig out of did not impact all Americans equally.  A recent article in the Washington Post titled “As Economy Recovers, the Richest Get Richer, Study Shows” looks at a … Continue reading

Posted in Ch.11, Investment Basics, Ch.16, Retirement Planning, Ch.18, Financial Life Events | Tagged , , , , , , , , | Leave a comment

Class Assignment and Discussion: The Money-Death Problem

The New Yorker has always been famous for it cartoons, and one of the best is a 2003 cartoon by Barbara Smaller that shows a husband talking to his wife, saying, “If we take a late retirement and an early … Continue reading

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Class Assignment and Discussion: Retirement Confidence – A Thing of the Past

According to a 2011 Retirement Confidence Survey by the Employee Benefit Research Institute, worker’s confidence that they will have enough money to “live comfortably throughout their retirement years” continues to decline – in fact, only 13% of those polled were … Continue reading

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Class Assignment and Discussion: Retirement Confidence – A Thing of the Past

According to a 2011 Retirement Confidence Survey by the Employee Benefit Research Institute, worker’s confidence that they will have enough money to “live comfortably throughout their retirement years” continues to decline – in fact, only 13% of those polled were … Continue reading

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Class Discussion and Assignment: A Backwards Look at Retirement

Generally when we look at retirement we focus on whether an individual has enough saved to make it through retirement.  Another way of looking at retirement is to see what Americans have at the end of retirement – do they … Continue reading

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Class Assignment and Discussion: The Living Too Long Problem – Longevity Insurance

Teaching Tip:  SmartMoney.com has a great video titled “Living to 100? That will be $3.5 million.”  (Note, the video appears part way down the page, just click on it and it will show up.) “Live long and prosper” – it’s … Continue reading

Posted in Ch. 9, Life and Health Insurance, Ch.16, Retirement Planning, Uncategorized | Tagged , , , , , | Leave a comment

Video and Discussion: How Severe Are Problems with Social Security?

Teaching Tip:  PBS NewsHour put out a great 11 minute 20 second video on Social Security, focusing on future problems facing Social Security.  This can either be shown in class or assigned.  In either case, it should foster a good … Continue reading

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Class Discussion and Written Assignment: Help for a Recent Graduate

Teaching Tip:  Chris Farrell is the economics editor for Marketplace Money, the personal finance show by American Public Media.  He also writes a column for American Public Media titled Marketplace Getting Personal.  In that column he fields questions from readers … Continue reading

Posted in Ch. 2, Measuring Financial Health and Making a Plan, Ch. 7, Consumer Loans, Ch.16, Retirement Planning | Tagged , , | Leave a comment