The Retirement Myth, Pennies Underwater & Reader Faves: What We’re Reading

A selection of our favorite stories from the past week, by the reporters and editors of LifeHealthPro.com

Every day the editors and reporters of LifeHealthPro share stories from around the web that they’re reading. You can keep up with what we’re reading on our Editor Picks page or by subscribing to our daily newsletter, where our daily picks are also featured.

Below is a list of our favorite stories from the past week. We hope you enjoy them. If you have any stories you’d like to share, please list them in the comments section below, and we’ll share your picks with other readers through LifeHealthPro’s Twitter page.

 

Feds’ 401(k) Annuity Proposals: Baby Steps (CFO)

Proposed new rules aimed at giving 401(k) plan participants more options to invest in annuities providing a guaranteed lifetime income stream may prompt some plan sponsors to offer such investments. But the proposals don’t go nearly far enough to persuade a majority to do so, experts say. Read more

 

The Future of High-Tech Health Care — and the Challenge (New York Times)

I.B.M.’s Watson question-answering computer is being morphed into a doctors’ smart assistant -- and could dramatically reduce health care costs. Read more


If You Plan to Make It to 100, Plan Very Well (Wall Street Journal)

To prepare for just four additional years of life span over current projections, someone who's 50 years old now would need an additional $160,000 in retirement savings to maintain a modest lifestyle, experts say. Read more


What the 2.4-Cent Penny Says About America's Budget Problem (Good)

It turns out that the humble penny is a pricey coin. Specifically, each new penny coined by the government costs 2.4 cents. Read more

 

Hazard of the Trade: Bankers' Health (Wall Street Journal)

Add investment banking to the list of things that could be dangerous to your health. Read more

 

Race and Retirement: Who’s Saving the Most, Least? (Forbes)

A new study examines how cultural environment can affect one's financial situation and behavior. Read more

 

What Retirement? Seniors are Getting Back to Work (NPR)

At 75, many people imagine they'll be retired and spending their time playing cards or on a golf course. According to the Bureau of Labor Statistics, that's just not true. Read more

 

Health Care in Massachusetts: ‘Abject Failure’ or Work in Progress? (NPR)

Six years after Mitt Romney implemented his health care overhaul in Massachusetts, it seems to be going strong. Read more

 

Record $6 Trillion of Fake U.S. Bonds Seized (Bloomberg)

Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt. Read more

 

5 Tools For Managing Your Personal Brand Online (Fast Company)

If you haven't established your brand online, it's time to start. Read more

 

Readers’ Favorite LifeHealthPro Stories From the Past Week

 

#10         NAIC Subgroup Suggests All ‘Hybrid’ Annuities May Need Reserve Scrutiny

 

#9           Survival of the Fittest (Salespeople)

 

#8           Budget 2013: Tax Targets Medigap

 

#7           Life Industry Trade Groups Fire Back at Obama

 

#6           Stand-Alone Living Benefits: Guaranteeing Lifetime Income Without an Annuity

 

#5           Obama Calls for Tax Hikes on Life Insurers

 

#4           4 Tips That Can Take Your Business to a Whole New Level

 

#3           A Perfect Storm for Indexed Annuities

 

#2           The Life Insurance Glass is More Than Half Full

 

#1           Your Uninsurable Long-Term Care Insurance Client

About the Author
James E. Green

James E. Green

James E. Green is the Group Editorial Director of Summit Business Media's Life & Health Group, which includes National Underwriter Life & Health, Life Insurance Selling, Agent's Sales Journal, Senior Market Advisor, Producers Web, Benefits Selling and BenefitsPro.com.

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