Jun 1
When my great-uncle Creighton Cornwell was visiting his family in Nevada in 1991, his entire Oakland, Calif., neighborhood was incinerated in a wildfire. He salvaged a single teacup. Mr. Cornwell, then 87 years old, kept a few records in a safe-deposit box, such as a marriage license, birth certificates and mortgage documents. After the fire, [...]
May 18
The trend toward putting off having children means many parents are facing their kids’ tuition bills when they are hitting their 60s and about to retire. While it is natural to want to help, parents with limited years of income and savings ahead could be putting themselves at risk of running out of money. Read [...]
May 10
Where to retire? It’s an age-old question that for many people centers on two big variables: housing costs and taxes. They should add a third criterion to their list: the percentage of people collecting pensions. Most people tend to retire close to home, according to an analysis of U.S. Census data by Cheryl Russell, a [...]
Apr 20
Retirees are paying more than ever for their employer-sponsored health coverage, often in the form of higher premiums, copays and deductibles. Companies often say spiraling health-care costs force them share the pain with retirees. But that isn’t the whole story. Many employers have been shifting more costs to retirees even as they receive billions of [...]
Apr 6
Doing your own Social Security planning is a bit like doing your own taxes: You might do a good job, but if your situation is complex, you would be wise to enlist professional help. Many financial advisers have expertise in Social Security rules, including some who once worked at the Social Security Administration. Many are [...]
Mar 23
When should you start taking Social Security benefits? It is one of the toughest retirement decisions seniors will have to make: whether to take benefits early, wait till their full retirement age or delay them to age 70. Each has its pros and cons, and a mistake can cost thousands of dollars. Consider Patty Duke. [...]
Oct 18
The Daily Show with Jon StewartGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook Ellen was on Comedy Central’s “The Daily Show with Jon Stewart” this week to discuss her book Retirement Heist.
Oct 17
Retirement Heist was recently reviewed in USA Today. Read more »
Oct 14
Ellen will appear on Comedy Central’s “Daily Show with Jon Stewart” Monday, October 17, to talk about RETIREMENT HEIST!
Oct 4
If you’re looking for a scary story to read this Halloween, try Retirement Heist. In it Ellen Schultz, a Pulitzer Prize-winning reporter for the Wall Street Journal, describes how executives and accountants legally looted pension plans of billions of dollars. Read more »
Ellen E. Schultz is an investigative reporter for The Wall Street Journal who has covered the so-called retirement crisis for more than a decade. Her reporting has led to Congressional hearings, proposed legislation, and investigations by the Treasury and the GAO.
Schultz has won dozens of journalism awards for economics, financial, and investigative reporting, including three Polk Awards, two Loeb awards, and a National Press Club award. In 2003, Schultz was part of a team of Wall Street Journal reports awarded the Pulitzer Prize, for articles on corporate scandals. She lives in New York City.
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