The days of counting on Uncle Sam and a company pension to carry you through old age are long gone. We're living increasingly in a "yoyo" economy short for "you're on your own."
On the eve of the 2012 elections, dozens of Americans have been asked about jobs, housing, retirement and other issues. A Chicago couple remain optimistic, despite unemployment.
Taxes that are largely a concern of the very rich will soon affect far more people unless Congress steps in. Family members are creating trusts and making financial gifts.
A growing number of retirees are looking to pass along more to the next generation than money and possessions, through life histories, ethical wills and video recordings.
It's the financial protection that many will need in retirement but few are willing or able to buy. Long-term care insurance scares off most people because of the cost.
Americans' wealth rose in the January-March quarter, boosted mainly by the best quarterly gain in stock prices since 1998 and partly by the first rise in home values since 2006.
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"articles": [
{
"uri": "/2012/12/07/7-retirement-planning-myths-debunked/",
"title": "7 retirement planning myths debunked",
"byline": "Dave Carpenter",
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"prettyDate": "December 07, 2012",
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"summary": "The days of counting on Uncle Sam and a company pension to carry you through old age are long gone. We're living increasingly in a \"yoyo\" economy short for \"you're on your own.\"",
"body": null
},
{
"uri": "/2012/10/29/mood-of-the-nation/",
"title": "Mood of the nation",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "October 29, 2012",
"timeToRead": "3 minute",
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"authors": [
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"summary": "On the eve of the 2012 elections, dozens of Americans have been asked about jobs, housing, retirement and other issues. A Chicago couple remain optimistic, despite unemployment.",
"body": null
},
{
"uri": "/2012/10/25/coming-changes-in-estate-gift-taxes-stir-frenzy/",
"title": "Coming changes in estate, gift taxes stir 'frenzy'",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "October 25, 2012",
"timeToRead": "6 minute",
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},
"authors": [
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],
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"summary": "Taxes that are largely a concern of the very rich will soon affect far more people unless Congress steps in. Family members are creating trusts and making financial gifts.",
"body": null
},
{
"uri": "/2012/10/15/economists-predict-weak-but-improving-growth/",
"title": "Economists predict weak but improving growth",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "October 15, 2012",
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"authors": [
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"kickerNode": [],
"summary": "Economists foresee only tepid growth for the coming year, with unemployment back above 8 percent for the first half of 2013.",
"body": null
},
{
"uri": "/2012/10/04/retirees-turn-more-attention-to-personal-legacies/",
"title": "Retirees turn more attention to personal legacies",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "October 04, 2012",
"timeToRead": "5 minute",
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},
"authors": [
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"kickerNode": [],
"summary": "A growing number of retirees are looking to pass along more to the next generation than money and possessions, through life histories, ethical wills and video recordings.",
"body": null
},
{
"uri": "/2012/09/12/fidelity-issues-new-retirement-savings-guidelines/",
"title": "Fidelity issues new retirement savings guidelines",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "September 12, 2012",
"timeToRead": "3 minute",
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"kickerNode": [],
"summary": "Fidelity now suggests that workers save at least eight times their final salary in order to meet basic income needs in retirement.",
"body": null
},
{
"uri": "/2012/08/27/study-finds-401k-matches-back-at-pre-meltdown-leve/",
"title": "Study finds 401(k) matches back at pre-meltdown levels",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "August 27, 2012",
"timeToRead": "2 minute",
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"authors": [
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],
"kickerNode": [],
"summary": "More companies are now offering a 401(k) match to their employees than were before the 2008 financial crisis, according to new data by Charles Schwab.",
"body": null
},
{
"uri": "/2012/07/25/overlooking-disability-insurance-can-be-costly/",
"title": "Overlooking disability insurance can be costly",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "July 25, 2012",
"timeToRead": "5 minute",
"image": {
"uri": "",
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"authors": [
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],
"kickerNode": [],
"summary": "Long-term disability insurance is the forgotten insurance.",
"body": null
},
{
"uri": "/2012/06/15/shared-care-insurance-gains-as-option-for-couples/",
"title": "Shared-care insurance gains as option for couples",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "June 15, 2012",
"timeToRead": "6 minute",
"image": {
"uri": "",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "It's the financial protection that many will need in retirement but few are willing or able to buy. Long-term care insurance scares off most people because of the cost.",
"body": null
},
{
"uri": "/2012/06/07/stocks-helped-lift-us-household-wealth-in-first-qu/",
"title": "Stocks helped lift US household wealth in first quarter",
"byline": "Dave Carpenter",
"kicker": "",
"prettyDate": "June 07, 2012",
"timeToRead": "3 minute",
"image": {
"uri": "",
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},
"authors": [
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],
"kickerNode": [],
"summary": "Americans' wealth rose in the January-March quarter, boosted mainly by the best quarterly gain in stock prices since 1998 and partly by the first rise in home values since 2006.",
"body": null
}
]
}
}