Retirement Trends

The move came after a Superior Court judge ruled against Reed's petition to change the title and description of the proposed ballot initiative, "The Pension Reform Act of 2014," for purposes of signature collection.

Older workers getting ready to retire have increased worries they wont be financially ready to retire. Many plan to keep working as long as possible.

The perspective from the 24th annual Retirement Confidence Survey is likely to garner a lot of attention.

In the first year alone, as many as 900,000 accounts would not be opened, and between now and 2030, that number would jump to approximately 20 million, the IRI said.

While 93 percent think they should contribute some portion of their income toward retirement and half believe it should be more than 10 percent, only one-fifth are currently saving 10 percent or higher.

As head of alternative investments for AT&T from 1980 to 1995, Judge helped establish the first ties between institutional investors and startup ventures.