Since its establishment in 2003, the Financial Literacy and Education Commission (FLEC) has coordinated the federal government's efforts in promoting financial literacy, education and capability. The FLEC manages its activities collaboratively, focusing on direct education and outreach, supporting practitioners, and promoting research and…

This is an interpretive-descriptive analysis of responses to 41 open ended questionnaires returned by academics working beyond normal retirement age. The sample consisted mainly of academics from the United Kingdom, Australia, and New Zealand. The research addressed the question of what motivates some academics to continue working beyond the…

Empirical evidence of tax shelter usage is sparse. These data add weight to earlier concerns about whether tax incentives to save for retirement benefit upper-income groups more than middle- and lower-income groups and present the importance of different sources of income in providing retirement funds for this group. (Author/RC)

Projected implications of population aging are based on a definition of retirement age as 65. This article discusses the concept of "equivalent retirement ages" as a method for determining appropriate age for normal retirement and points out usefulness and limitations of raising normal retirement age as a policy instrument. (BF)

Explores relationship between recent policy reforms, targeting proposals, and a universal Social Security program. Explores principles that inform Social Security, concluding that treating benefits as taxable income and raising retirement age push at boundaries of universality without violating fundamental precepts of social insurance program. (BF)

The social security system in the United States is becoming increasingly unstable, as the amount of benefits paid to an ever larger number of retirees grows and the number of younger workers paying taxes to the system decreases. The problem will become especially acute in the years 2011 and after, as the members of the "baby boom"…

This information paper on the major income and employment issues affecting older Americans survey the economic impacts of an aging population, presents an agenda for future research into principle income and employment policy issues, and provides an outline of those policy options to be reviewed as a basis for governmental policy formation.…

The Twin Cities-based Corporate Volunteerism Council (CVC) sponsored the development and administration of a survey and focus groups in May through August, 1985, to determine the needs of older people before and after retirement. Twenty-five members of the CVC answered the survey. They replied that most companies offer preretirement planning and…

Analyzes the effects of postretirement employment on older women's life satisfaction. Findings show that postretirement employment in itself did not contribute to older women's life satisfaction, but financial resources are potential determinants of their life satisfaction. Discusses the need to incorporate the role of financial resources and…

Problems facing older faculty and staff members who want to continue working are discussed, along with innovative ways to help them achieve a financially secure retirement. A retirement planning program and seminar plans to help faculty and staff avoid making poor retirement decisions are proposed. (MLW)

Today's increasingly complex financial services market offers consumers a vast array of products, services, and providers to choose from to meet their financial needs. While this degree of choice provides consumers with a great number of options, it also requires that they be equipped with the information, knowledge, and skills to evaluate their…

This brochure presents the facts about the financial situation of older women. It explains the vital role of Social Security (SS) for women and offers suggestions to improve their financial outlook. A true/false checklist tests knowledge about women growing older and remaining financially secure. These reasons for poorer older women are outlined:…

Recent policy proposals have introduced need-based criteria, as well as the principle of wealthier older persons paying greater taxes or sharing more heavily in financing services and benefits than those who have less income and accumulated wealth. This article reviews emergence of new approaches and concludes with commentary on political…

This booklet is an introduction to the question of retirement that is addressed specifically to educators. Its four chapters raise the following questions: "Are You Ready to Retire?""Can You Afford to Retire?""Where Will You Live?" and "How Will You Spend Your Time?" Each chapter contains a list of recommended readings, and the monograph ends with…

In this report, recent hearings and reports of the Senate Special Committee on Aging are summarized, and recent developments of direct relevance to the White House Conference on Aging are described. The report contains the following chapters: 1. The key issue: Retirement income; 2. Health: Rising costs and reduced programs; 3. Nursing homes:…