income, interest rates, retirement, risk management

Closing the Retirement Savings Gap

A new report from World Economic Forum shows that retirees could outlive their savings by a decade or more due to higher life expectancy. “Women should prepare to bear the brunt of such shortfalls, going without retirement savings for at least two years longer than their male counterparts.” (3)

“The size of the gap is such that it requires action,’ says report co-author Han Yik. (1)

Continue reading “Closing the Retirement Savings Gap”
health, retirement, risk management

The Benefits to a Healthy Diet: Quality of Life, Financial Security and Legacy

Its no secret that human longevity has been growing due medical advances over the past 30 years. Life expectancy in 1960 was 66 for men and 73 for women; in 2010 the average expectancy was 80 for men and 84 for women. (1)

However, in addition to longevity, one of the issues people have struggled with is a decreased quality of life in a person’s later years. Chronic diseases play a major role in limiting peoples experience and inflicting pain on the elderly and their families… cancer, strokes, dementia, respiratory, Parkinson’s, Alzheimer’s. 

These issues not only reduce a persons enjoyment of life but affect their financial health as well. The expenses associated with medical care and long-term care are substantial. But baby-boomers are not sitting still…

Continue reading “The Benefits to a Healthy Diet: Quality of Life, Financial Security and Legacy”
Climate change, economy, Socially Responsible Investing, SRI

Financial Costs of Climate Change

In the past few years the costs associated with climate change have increased, for society, the economy and individuals. Managing the costs and learning to adjust to the risks associated w climate is going to be important for financial planning going forward.  

 

Fire have ravaged California for the past few years burning millions of acres and displacing thousands of families. As a result, drier conditions and years of drought forest areas have become more vulnerable to fires.

Continue reading “Financial Costs of Climate Change”