College Faculty More Confident Regarding Retirement Savings Than General Working Population, Survey Finds
Black Issues in Higher Education
November 17, 2005
Article highlights findings from the Retirement Confidence Survey of College and University Faculty, which was sponsored by the TIAA-CREF Institute. The sruvey shows that faculty in higher education are more confident regarding their retirement savings preparations than individuals in the general working population. Madeleine d'Ambrosio, executive director of the Institute, is quoted.
Growing Use of Adjunct Professor May Mean Poorer Education for Students, Says Conference Speaker
The Chronicle of Higher Education
November 7, 2005
Colleges' growing reliance on adjunct faculty members can have a detrimental effect on the educational experience of undergraduates, according to research presented at a TIAA-CREF Institute conference of senior administrators and policy makers in higher education.
The 'Crisis' in Higher Ed Financing
Inside Higher Ed
November 4, 2005
Anyone in search of a metaphor for the difficult financial and political situation facing American higher Education had a slew to choose from at a conference on the business of higher education. Article summarizes a TIAA-CREF Institute conference that examined the current state and future prospects of the American college system.
Colleges Should Seek Innovative Ways to Raise Revenue, Speakers at a Conference Assert
The Chronicle of Higher Education
November 4, 2005
A tough budget environment may lead colleges to develop new and innovative approaches to raising revenue, according to college leaders and higher-education policy makers who gathered for a conference sponsored by the TIAA-CREF Institute.
Most Professors Are Confident of a Comfortable Retirement, Survey Finds
The Chronicle of Higher Education
October 31, 2005
Article summarizes the TIAA-CREF Institute survey -- Retirement Confidence Survey of College and University Faculty. Findings show that the typical college faculty member is more confident than the average American worker about prospects for a financially comfortable retirement. Paul Yakoboski, Institute principal research fellow, is quoted.
Retirement Education Spurs Higher Savings Levels
Money Management Executive
March 14, 2005
Mounting evidence shows that education can indeed help employees make better decisions to build retirement savings. Article refers to an Institute research survey and study that measured whether education programs actually help employees secure their financial futures, particularly with regard to retirement savings.
TIAA-CREF to Examine Ownership of Funds by Directors: Upcoming Study Will Also Look at Revenue Sharing's Impact on Performance
Money Management Executive
February 14, 2005
Article discusses a new research study, funded by the TIAA-CREF Institute Grant Program, that will look at fund governance issues that have escaped regulators' attention. The researchers plan to review more than 1200 fund prospectuses to learn more about the effects of fund ownership by directors and whether aggressive mutual fund growth comes at the expense of fund returns.
In Pursuit of Learning Investments' Whereabouts
Los Angeles Times
December 19, 2004
Article discusses the concerns of college students around the country and how they are pushing for more transparency and input on how their institutions’ endowment dollars are used. Mimi Lord, TIAA-CREF Institute communications associate, who analyzes endowment-related issues, is quoted.
The Faculty Factor
NACUBO Business Officer
September, 2004
Article looks at trends and concerns at higher education institutions regarding aging, tenured faculty; few full time slots; recruiting challenges. The article cites the TIAA-CREF Institute conference, titled Recruitment, Retention, and Retirement: the Three R's of Higher Education in the 21st Century, which brought together academic administrators, HR consultants, and researchers to examine the trends that are shaping the academic workforce and how institutions can affect and direct those trends.
Building the Retirement Framework
Dominion Post (Canada)
September 28, 2004
Article that addresses advice on saving for retirement and refers to an Institute research study titled How Much Should a Person Save for Retirement? The research provides guidelines for savings based on age, salary, expected salary increases, and investment earnings, and illustrates the advantages of starting a savings program early in a working career.
Retirement Education Spurs Higher Savings Levels
Employee Benefit News
August 16, 2004
Mounting evidence shows that education can help employees make better decisions to build retirement savings. This article cites a research study conducted by Robert Clark, professor of economics and business management at North Carolina State University, and Madeleine d'Ambrosio, executive director at the TIAA-CREF Institute. The study, titled Ignorance is Not Bliss: The Importance of Financial Education, surveyed 60 financial education seminar participants and assesses the impact the seminar had on retirement goals and saving behavior.
College-bound students, parents grapple with rising costs of higher education
San Antonio Express News
July 12, 2004
As college costs are growing almost as fast as health care expenses, this article talks about ways to cope with the cost of a higher education. It cites the Independent 529 Plan and expresses the views of Jennifer Ma, Institute senior research fellow, on looking at Roth and traditional IRAs as possible college savings vehicles.
401(k) participants as slow as turtles
Pensions & Investments
May 3, 2004
Participants in 401(k) plans tend to wait until stock market returns are extremely low before switching to fixed-income safety. But when returns improve, they rarely switch back. Article summarizes research on this subject and quotes Jacob Rugh, Institute research assistant, who authored a research study that looked at the behavior of participants in the TIAA-CREF retirement plan.
Retirement education pays off for participants
Employee Benefit News
April 15, 2004
Article about retirement education and how it helps employees make better decisions to build retirement savings. Madeleine d'Ambrosio, executive director of the Institute, and Robert Clark, professor of economics and business management at North Carolina State University and visiting Institute research director, are quoted throughout. In addition, the article refers to their research study titled Ignorance is Not Bliss: The Importance of Financial Education.
Growing Social Security Crisis Won't Fix Itself
The Miami Herald
February 29, 2004
Article addresses the extensive studies that have been done on the Social Security crisis. Doug Fore, Institute senior research fellow, is quoted and reference is made to a relevant Institute study he authored.
Retirees at Risk
CFA Magazine
Jan-Feb 2004
Article about various new methods and approaches for protecting retirees, and improving the pension system. Doug Fore, Institute senior research fellow, is quoted.
Americans too dependent on Social Security for retirement
New Haven Register
January 12, 2004
Are you prepared to live in poverty? A new report shows that, despite repeated warnings, Americans are saving less than ever for retirement and are depending on Social Security for most of their post-retirement income. A report by Doug Fore, TIAA-CREF Institute senior research fellow, titled Do We Have a Retirement Crisis in America?, is cited.
Money Talk: Scott M. Hampton
Contra Costa Times (Walnut Creek, CA)
January 7, 2004
Article addresses the question of whether individuals will spend less, the same or more in retirement and refers to a spending in retirement study which was conducted by the TIAA-CREF Institute.
Shifting Funds to a 529 Isn't Always the Best Idea
The Wall Street Journal
December 16, 2003
Article examines whether it is worth it to transfer UTMA/UGMA assets into a 529 plan in the wake of recent market activity. Jennifer Ma, TIAA-CREF Institute research fellow, is cited and offers some guidance.
Retirement storm clouds
It's not the economy or the stock market, but faulty assumptions that could rain on your retirement
Money Magazine
November 3, 2003
Article discusses the fact that individuals often underestimate the amount of income they need after retirement. Reference is made to an Institute research study that, among other things, finds more households surprised by how high expenditure needs are in retirement rather than by how low they are.
529 Plans May Not Make Grade for College Savings
Bloomberg.com
October 6, 2003
Article takes a critical look at whether college savings vehicles, such as 529s or UGMA's, are worthwhile. Information from a research study conducted by Institute research fellow, Jennifer Ma is cited.
New twists on the 529 - some 300 private colleges launch prepaid tuition plan tomorrow
The Christian Science Monitor
September 2, 2003
Article on 529 plans that takes a look at the Independent 529 Plan. Jennifer Ma, TIAA-CREF Institute research fellow, is quoted.
Time to Rethink the 529 - Sweeping changes in tax laws may make other college plans more advantageous
BusinessWeek Online
August 23, 2003
Balanced evaluation of 529 plans that also discusses their advantage when applying for financial aid. Jennifer Ma, TIAA-CREF Institute research fellow, is quoted.
Deflation Busters
Business Finance Magazine
August, 2003
Some economists predict that deflationary times lie ahead, and nearly every industry is vulnerable. This article discusses how CFOs of companies that have been hit by falling prices are proving that price drops can be a catalyst for innovation. Douglas Fore, TIAA-CREF Institute senior research fellow, is quoted.
Getting Personal: Using Fees to Evaluate College Plans
Dow Jones News Service
August 12, 2003
Article about how the new tax law impacts 529 plans. Jennifer Ma, TIAA-CREF Institute research fellow, is quoted and the results of her research study is the basis for this article.
Where to Cast Your Net Today
Businessweek Investor - Guide to Retirement
July 28, 2003
Annual retirement guide that examines the new realities of retirement planning after the bear market. John Ameriks of the TIAA-CREF Institute is cited on the use of annuities in retirement planning.
Stock Option Plans Get Reevaluated
MSNBC Website
July 10, 2003
Article on Microsoft's plan to drop its stock options plan. Doug Fore, senior research fellow at the Institute, is quoted.
CNNfn Your Money
June 26, 2003
Douglas Fore, TIAA-CREF Institute senior research fellow, was Ali Velshi's guest on the program and discussed the federal interest rate cut. Macromedia Flash Player is required to view video (Note: Usage of this CNN material does not constitute an implied or expressed endorsement by CNN.)
CNNfn Your Money
June 10, 2003
Douglas Fore, TIAA-CREF Institute senior research fellow, discussed deflation and how it affects retirement funds. Macromedia Flash Player is required to view video. (Note: Usage of this CNN material does not constitute an implied or expressed endorsement by CNN.)
Insurers Frustrated with International Accounting Standards Board
National Underwriter Life & Health Financial Services
June 5, 2003
Articles discusses how insurers continue to vent dissatisfaction that they are not being heard as decisions on international accounting standards take shape. Reference is made to a forum on fair value accounting standards that was sponsored by the TIAA-CREF Institute and Douglas Fore, Institute Senior Research Fellow, is quoted.
Boxed In
Financial Planning
May 2003
As the bear market drags on, advisers are rethinking whether assets belong inside or outside of client retirement plans. Research on asset allocation, which was funded by the TIAA-CREF Institute, was cited and a former TIAA-CREF Institute visiting scholar, William Reichenstein, was quoted.
Will you outlive your nest egg?
Medical Economics
May 9, 2003
Article about investment and withdrawal strategies that cites Institute research on annuitization. Institute senior research fellow, John Ameriks, is quoted in the article.
Annuities Instrumental to Retirement Income - Sell Lifetime Payout, Not Just Tax Benefits
Annuity Market News
May 2, 2003
Article about how annuities, especially variable annuities, play a key role in optimum retirement income planning. John Ameriks, senior research fellow at the Institute, is quoted and his research on annuities is cited.
Why It Pays to Delay: Too Many Retirees Start Collecting Social Security Early
Wall Street Journal
April 23, 2003
Research by Thomas Walsh, TIAA-CREF Institute Visiting Scholar, on the best time to begin receiving social security benefits is cited in this article. This research paper indicates that, in general, people are better off waiting until at least age 65; however, most retirees opt not to.
Consider Retirement Investment that Pays as Long as You Live
Daily Record (Morris County, NJ)
March 22, 2003
Article about the value of immediate-payout annuities that cites Institute research study that was published in the Journal of Financial Planning.
How you Invest in Retirement is a whole new ballgame
Kiplinger's Personal Finance
March 1, 2003
Article about investing in retirement which furthers the message about immediate annuities and the value of annuitization. John Ameriks, senior research fellow at the Institute is quoted.
Samuelson Award Becoming a Habit
Pensions & Investments
January 6, 2003
Short article about the winners of the 7th Annual Paul A. Samuelson Award, which is sponsored and administered by the TIAA-CREF Institute.
Retirement Expense to Get Review
Dallas Morning News
November 18, 2002
Article about retirees spending and saving habits citing an Institute study which found that many retirees did not cut their spending as much as expected.
Parting Professors
Democrat and Chronicle (Rochester, NY)
September 25, 2002
Article about retirement trends among higher education faculty members which cites an Institute study that addressed this topic.
With 529s, Sometimes It's Best to Stay at Home
Morningstar.com
October 31, 2002
Article about 529 plans suggesting that moving across states should never be done without first considering the tax advantages of staying at home. The article includes a reference to an Institute study on 529 plans.
The Great American Wealth Test - 30 Questions that can change your life
Money Magazine
October 15, 2002
Questionnaire article that is divided into four broad categories -- planning, financial management, investing and protecting the future. In answer to the first question "Do you have a plan?", a research study by John Ameriks of the TIAA-CREF Institute and Andrew Caplin and John Leahy of New York University is cited.
GETTING PERSONAL: Annuity Strategies For Long Lives
Dow Jones News Service
October 9, 2002
Article cites Institute research which was published in the Journal of Financial Planning. The author makes strong case for "annuitizing" a portion of one's retirement portfolio. John Ameriks, senior research fellow at the Institute, is quoted.
Social Security Benefits Don't Have to Dictate Retirement Timing
Chicago Tribune
September 10, 2002
Article that discusses when retirees should start taking Social Security benefits. Thomas Walsh, Visiting Scholar with the Institute, is quoted and reference is made to two papers that he wrote that examine this issue in detail.
A Good Name
Bloomberg Wealth Manager
September 2002
Article in Practice Management section talks about the fact that financial advisers, like journalists, know the game is lost if mistrust wins the day. The author addresses her invitation to sit on the TIAA-CREF Institute Financial Advisor Advisory Board and her reason for declining.
Interview with TIAA-CREF's 529 Guru, Jennifer Ma
MorningstarAdvisor.com
August 29, 2002
Interview with Jennifer Ma, research fellow at the Institute, about some of her research and overall trends within the education saving arena.
Planning, Math Skills Help Draw Health & Family Redefining Retirement
South Florida Sun-Sentinel
August 18, 2002
Article on successful traits in retirement planning which discusses Institute research titled Wealth Accumulation and the Propensity to Plan. John Ameriks, senior research fellow at the Institute and one of the authors of the study, is quoted.
Burned! Why we need to fix the 401(k)
Newsweek
August 19, 2002
The author of this article, Jane Bryant Quinn, gives TIAA-CREF a winning endorsement as her "favorite plan," and calls us one of "two models" that "exist for a 'perfect' 401(k)." Ms. Quinn interviewed Douglas Fore, assistant director of research, TIAA-CREF Institute, at great length and the result of that discussion is the essence of what is presented in the article. Mr. Fore is quoted in this article.
Internet Highway Report... World Wide Web sites you can use.
Journal of Financial Planning
August 2002
The Observer section in this issue recommends the TIAA-CREF Institute web site as a useful site to go to for research pertinent to financial planning.
The UGMA Truth: 529s Usually Better for College Savings
InvestmentNews
August 5, 2002
Article about how shifting funds from an UGMA into a 529 plan yields more tax advantages. Jennifer Ma, research fellow with the TIAA-CREF Institute, is quoted. The article also refers to some of Ma's findings in a research study she recently completed.
The Measure for Measures
Bloomberg Wealth Manager
July/August 2002
Article cites the TIAA-CREF Institute Financial Advisor Advisory Board - and discusses how this advisory think tank explores the whys and wherefores of what adviser want in a benchmark.
Retirement Options
Financial Planning Interactive - Bloomberg News
June 25, 2002
Article that asks, why aren't more advisers shopping for inflation-adjusted immediate annuities? TIAA-CREF Institute research, "Making Retirement Income Last a Lifetime" is cited saying that it supports the idea of transferring assets into immediate annuities at retirement.
Allocate Equities, Bonds Between Accounts
Fort Collins Coloradoan
June 23, 2002
In answer to a question from a reader, a financial planner points to research funded by TIAA-CREF Institute titled "Optimal Asset Location and Allocation with Taxable and Tax-Deferred Investing." This research looks at whether equities or bonds are best for taxable or tax-deferred accounts.
Retirement Rules Gone, the Ivory Tower Goes Gray
The New York Times
June 19, 2002
Article about the trend of some faculty members to work beyond the average retirement age which quotes the authors of two studies supported by the TIAA-CREF Institute -- "How Did the Elimination of Mandatory Retirement Affect Faculty Retirement Flows?" and "Faculty Retirement Policies after the End of Mandatory Retirement."
Changing Equity Premium Implications for Wealth Management Portfolio Design and Implementation
The Journal of Financial Planning
June, 2002
Article by Harold Evensky, current chairman of the TIAA-CREF Institute Financial Advisor Advisory Board, citing his belief that a growing number of experts believe that market returns will be lower in coming years than their long-term averages.
NYSE Change Seen as Boon for Holders
Wall Street Journal
June 19, 2002
Article about the elimination of broker discretion in voting on equity compensation plans. Study co-authored by Stuart L. Gillan, senior research fellow, TIAA-CREF Institute, titled The Impact of the Institutional and Regulatory Environment on Shareholder Voting, is cited.
Making More Sense of Annuities
Wall Street Journal
June 2, 2002
Article about annuities that cites research by John Ameriks, senior research fellow with the Institute. Mr. Ameriks is quoted in the article.
How to Avoid Painful Shocks in Retirement
The Globe and Mail (Canada)
May 11, 2002
Article discusses Institute research study "Making Retirement Income Last a Lifetime." John Ameriks, senior research fellow, TIAA-CREF Institute, is quoted.
TIAA-CREF Institute Reaches Out to Advisers
Financial Planning Interactive
May 1, 2002
Article states that planners may benefit from the ongoing academic research conducted and funded by the TIAA-CREF Institute. Madeleine d'Ambrosio, executive director of the Institute, and Douglas Fore, the Institute's assistant director of research are quoted.
Immediate Annuities Likely to Sustain Long Retirements
Best's Review
May, 2002
This issue ran a brief item about Institute study "Making Retirement Income Last a Lifetime." John Ameriks, senior research fellow with the Institute, is quoted.
Blackboard's not blank, Mr. G
Investment News
April 29, 2002
Article discusses how financial advisers are stepping in to help fight financial illiteracy. Madeleine d'Ambrosio, executive director, TIAA-CREF Institute, is quoted.
Testimony on Stock Options Before the U.S. Senate Finance Committee
April 18, 2002
Testimony given by John H. Biggs, Chairman, President, and CEO, TIAA-CREF which includes a reference to a Corporate Governance Forum, which was sponsored by the TIAA-CREF Institute. The forum -- Executive Compensation, Stock Options, and the Role of the Board -- was held in April 2001 and a complete summary of the program is available on this web site.
Planning the Costs of Retirement Can Be Tricky
The Times (Munster, IN), March 25, 2002
Article about retirement planning that cites TIAA-CREF Institute study titled 'Retirement Consumption: Insights from a Survey.' This study examined 2,000 TIAA-CREF participants to see how much pre-retirees expected to spend in retirement and how much retirees actually spent in retirement.
Annuities Can Help Money Last
Dallas Morning News, February 26, 2002
Article about the value of annuities in providing a lifetime income stream. The TIAA-CREF Institute article "Making Retirement Income Last a Lifetime" is cited and was the impetus for the article.
Charles Davis Looks at the Return of Immediate Fixed Annuities to the US Market Place
Life Insurance International, February 19, 2002
Article about immediate annuities, which cites TIAA-CREF’s immediate annuity and also discusses TIAA-CREF Institute’s research on the topic. John Ameriks, Senior Research Fellow with TIAA-CREF Institute is quoted.
Immediate Gratification
– Immediate annuities may do wonders for clients, but some planners may wonder about their own cash flow
Financial Planning Interactive, February 1, 2002
Article about immediate annuities; John Ameriks, Senior Research Fellow at TIAA-CREF Institute is quoted.
Work May Stop, But The Paychecks Can Keep On Coming
Investor’s Business Daily, January 31, 2002
Article on systematic withdrawal plans, noting that one danger is that people do not know how long they will live in retirement. The reporter mentions that a single premium immediate fixed annuity is something for retirees to consider. John Ameriks, Senior Research Fellow, TIAA-CREF Institute, is quoted.
Immediate Annuities Sustain Retirement
Physician's Money Digest, January 31, 2002
Article which cites the TIAA-CREF Institute study "Making Retirement Income Last a Lifetime" and quotes John Ameriks, Senior Research Fellow at TIAA-CREF Institute.
Is ‘Nursing-Home Insurance’ Needed?
The Wall Street Journal, January 29, 2002
Long-term care insurance is emerging as one of Wall Street’s hottest products. Cheryl DeMaio, second vice president at TIAA-CREF, along with Keith Davenport, associate director of education at TIAA-CREF Institute, discuss the selection process and benefits of Long-Term Care Insurance.
Keeping the Money Flowing for Life
Reuters English News Service, December 26, 2001
How to make sure your retirement money lasts as long as you do is the focus of a recent study by John Ameriks, an economist at the TIAA-CREF Institute; Robert Veres, editor of Inside Information; and Mark J. Warshawsky, former director of research at the TIAA-CREF Institute.
Saving for College Through Qualified Tuition (Section 529) Programs
Congressional Research Service Report RL31214 - The Library of Congress
December 17, 2001
Report on college savings plans prepared by CRS's domestic social policy division cites Institute research article on 529 plans and incorporates summary tables that are maintained by the Institute.
In Depth: Trusts/Estate Planning/Investment Management
St. Louis Business Journal, December 7, 2001
Article about 529 plans and Missouri’s MOST program. Douglas Fore, Assistant Director of Research, TIAA-CREF Institute, is quoted.
Risky Premium
– A summit meeting of academics has produced somewhat gloomy predictions of future stock returns
Inside Information, December, 2001
Article summarizes a TIAA-CREF-sponsored Equity Risk Premium seminar and the author credits the TIAA-CREF Institute for holding a follow up briefing and sharing the findings with the planning profession.
Ready for an Annuity
Kiplinger’s Retirement Report, October 2001
Financial planners who are open to reexamining the role of annuities in retirement planning are talking about allocating a relatively small portion of a retiree’s nest egg to buy an annuity. John Ameriks, Senior Research Fellow, TIAA-CREF Institute is quoted.
New College Savings Plans are Best Bets
Reuters English News Service, October 3, 2001
A recent study by the TIAA-CREF Institute about 529 plans, published in the September 2001 issue of Investment Advisor, is credited with helping parents sift through the many investment options available to save for college.
Steady Flow of Income
Kiplinger’s Personal Finance, October 1, 2001
The old idea of a single-premium immediate annuity is gaining ground as 21st-century retirees seek ways to turn years of accumulated savings in 401(k) plans and IRAs into reliable streams of income without suffering stock market nausea. Findings from the TIAA-CREF Institute are discussed.
Warming Up to Annuities
– Advisors likely will be spending more time annuitizing a portion of client assets
Financial Advisor, September 2001
If a number of selected industry seers are right, life annuities may become the planning tool of choice in a growing number of client situations. As the number of defined benefit plans shrink and uncertainty about future Social Security benefits linger, advisors will increasingly consider other more traditional methods to achieve lifetime income for their clients. The TIAA-CREF Institute annuity research is discussed.
