The American Institute for Economic Research found that between one and two million workers aged 45 to 65 changed careers between 2011 and 2012.
The reasons varied. Some were laid off, and some voluntarily left their careers for a new one. But AIER found that out of those who had successfully changed careers and were over 45, those who had a college degree were better positioned toRead More
I heard a news report on the radio about a new MIT study that finds that the U.S. government is not spending enough on research and development and that this is putting us at a competitive disadvantage.
Rising equity glide paths during retirement can offer equal or improved financial outcomes compared with static allocations.
Jia Liu, research fellow, American Institute for Economic Research: “Of course, it is more likely than June, but even the liftoff in September is less likely than it was before the newest (data).”
“Our research suggests GDP is likely to rebound in the second quarter led by a pick-up in consumer spending. However, inflationary pressures remain modest and core price indexes are expected to remain below Fed targets for the next few quarters. Fed policy is likely on hold until well into the second half given the slow pace of economic activity and below-target increases in prices.”