Description: This report summarizes why it appears that appropriate financial advice is generally not available to the non-affluent segment of the American public.

Description: Understanding the true drivers of human behavior is essential if we are to capitalize on opportunities offered in a new era of personalized persuasion.

Description: Description of the vast variety of predictive analytics topics covered by the Forecasting & Futurism section and introduction to the July 2015 issue of the newsletter.

Description: We discussed impacts of procrastination and strategies to harness the power of inertia to aid individuals in their pursuit of future financial well-being.

Description: In the United States, things were never the same after a universal credit card, good for everything private and public, was adopted. It was agreed to use the Social Security number. Once put into effect, there were strange developments. This is satire.

Description: The article discusses the sustainability of the ACA individual market from a public entitlement standpoint. A key point of measuring sustainability is the reliance on market forces rather than federal budget constraints. The article explains why an actuarial viewpoint of sustainability is necessary to a greater extent than other public assistance and social insurance programs. The article challenges actuaries to be a bold, objective voice in a space that is full of opinionated but often uninformed viewpoints.

Description: This article highlights the paper presented by Eric Short, F.I.A., actuary and journalist with the London Financial Times, presented to the Students Society of the Institute earlier this year. His conclusion was bleak he quoted from Hagel: What experience and history teach us is that people and governments never have learned anything from history or acted on principles deduced from it.

Description: This session from the 1995 SOA Boston Meeting covers an overview of demographics in the U.S., the impact that population demographics have on sales and product design. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: This table is an analysis of engagement among adults age 55 and older by health status. Engagement is defined as time spent in paid work, formal volunteering informal volunteering and caregiving activities.

Description: The traditional informal care of/by family has faced increasing geographic and economic challenges from changing family households and sources of family income. Financial planning and risk protection tools provide important resource in the changing retirement landscape toward optimal family support and crisis management, that is, with less duress and financial burden to affected family caregivers. Ultimately, maintaining family values and close communications through evolving family structures are key to a healthy society and economic welfare of the people.