Consider "Notes to our Sons & Daughters" as a small step in that process, an opening salvo in the much-needed conversation between the generations. We invite you to experience this art exhibit, featuring photographic works such as the one of Susan Lew, on the front cover.
TOKYO — The fast aging of Japanese society is evident as soon as one lands at Tokyo's Narita airport and sees who is doing the cleaning. Young people tend to take such menial jobs in other countries, but here they are often held by workers obviously in the second half-century of their lives.
BOSTON -- Index mutual fund investors are a cost-conscious bunch. Rather than seek out managers with a good shot at beating the market, they parse tiny differences in fund expenses. Index funds are cheaper because no one is being paid to pick stocks. Every cent that doesn't end up in someone else's pocket counts, the thinking goes.
Some seniors who were looking forward to blowing out 62 candles on their birthday cake and qualifying for a reverse mortgage were surprised to find out they didn’t qualify for one because the value of their home dropped.
Americans have often been accused of doing a poor job of planning for their financial needs in retirement. However, two new reports suggest workers are doing a much better job of saving and investing for the future.