International law firm Greenberg Traurig has the best 401(k) retirement plan in South Florida of plans with at least $50 million in assets, independent rater BrightScope said Tuesday. Greenberg Traurig’s plan ranked an 80 out of a possible 100. BrightScope ratings between 73 and 74 are considered average, 75 through 79 [ Read More → ]

While Ottawa makes noises about boosting financial literacy, it’s curious that this country’s 289,000 financial advisors seldom talk about debt. The industry thinks it’s OK that 40% of Canadians now retire with some debt, with many going deeper into hock once they stop working. Little wonder that a thousand or [ Read More → ]

Valentina Morales isn’t worried about her retirement. In fact she’s not exactly sure what that is. What Valentina, 10, does know: Whatever it is, she will be OK. “It’s going to be a long time,” she said to her grandmother, Myriam Rodgers of Kendall. But in the meantime, “I’d like to be a [ Read More → ]

Reaching 65 no longer means hanging up your work shoes Photo: ALAMY In the last three months an extra 40,000 people over the age of 65 have joined the work force, taking the total number to 823,000. This is the highest number since the Office for National Statistics started keeping these figures in [ Read More → ]

WASHINGTON — Prospects are bleak for fixing Social Security’s financial problems as the government retirement insurance program celebrates its 75th anniversary this week. Many Democrats adamantly oppose any cut in benefits to reduce cost and some won’t accept a gradual increase in the retirement age, something that was done in the [ Read More → ]

BERLIN — Germans are famous for being hard workers - but retirement at 70? That’s the prescription of two think tanks, which say years more toil are inevitable due to stubbornly low birthrates and the ballooning costs of the cradle-to-grave welfare system in a country that already has decided to bump [ Read More → ]

If we can’t convince a 35-year-old to save for retirement, why would someone 10 years younger contemplate it? It’s not that we don’t see the need to plan. A recent Bank of Montreal survey of 35-to-44-year-olds found 90% of respondents believe there is a need to plan before [ Read More → ]

In suburban Toronto, a couple we’ll call Wayne, 34, and Julia, 35, are raising their two children, ages four and six. Julia hasn’t worked for years and doesn’t want to return to a job. They want to save for the kids’ education, move up from their $600,000 house to one [ Read More → ]

Financial planner Rick Brooks increasingly finds himself tangling with what he and his colleagues call “yapping dogs.” Not the canine variety, but the 401(k) type—those pesky retirement accounts many people leave behind in their ex-employers’ 401(k) plans when they change jobs. Hear Carolyn Geer discuss some important issues and tips [ Read More → ]

Every politician worthy of the name knows that the easiest policy changes to put over are those that don’t kick in until well into the future. The idea, of course, is that by the time their dire ramifications become evident, they’ll be someone else’s problem. That must be why it has [ Read More → ]