In his latest CBS Money Watch piece, Steve Vernon urges politicians to put their personal beliefs aside and focus on programs that will restore voter confidence in the future of the country. Citing the recent poll released by Americans for Secure Retirement, Vernon reminds his readers that “one-half of poll respondents said they were less [...]
Last week, USA Today highlighted the results of a new national poll released by Americans for Secure Retirement, Lake Research Partners and Public Opinion Strategies. Of note, the poll found, “88% of 800 registered voters said they were concerned about maintaining a comfortable standard of living in retirement, up from 73% last year.” The story [...]
Americans’ mounting concern over their financial security in retirement isn’t one that seems to be dissipating. In fact, according to the latest Americans for Secure Retirement poll, the angst that Americans face when it comes to their retirement continues to grow. In the new bipartisan national survey, conducted by Lake Research Partners and Public Opinion [...]
Have you taken a careful look at your retirement savings recently to determine if you are on track? If you answered no, then you’re not alone. TIME Magazine recently revealed that a shocking 57 percent of Americans, aged 55 to 64, have never projected how much income they will need during retirement. This number is [...]
As a follow-up to last week’s briefing by the Senate Committee on Aging, yesterday the Senate’s most powerful committee, the Committee on Finance held a Hearing on “Tax Reform Options: Promoting Retirement Security.” The briefing featured Dr. Jack VanDerhei, Research Director of the Employee Benefit Research Institute, William Gale, senior fellow at the Brookings Institution [...]
If you’ve even been marginally awake while reading this blog, you know that Americans are just not saving enough for retirement. In fact, according to the non-partisan Center for Retirement Research at Boston College, The current gap between what Americans will need in retirement and what they will actually have is an astounding $6.6 trillion. [...]
With all of the financial worries that Americans face today – unemployment, stock market declines and the looming prospect of a double-dip recession – it’s no wonder that saving for retirement has taken a back seat. As our economy continues to flounder, workers are increasingly focused on affording on the necessities, such as food, gas, [...]
Just because Washington has averted financial Armageddon doesn’t mean your retirement is safe from disaster. In fact, in a new article, Robert Powell of MarketWatch has explained how the recent deal to raise the debt ceiling will affect those about to enter retirement. Interest rates, cuts to Medicare, Medicaid and other government programs, as well [...]
The current debate in Washington over raising the debt ceiling has got America’s prognosticators giving us all kinds of theories on what may ensure should we default on our debts. But what will financial armageddon mean for your retirement? As NPR reports, recent declines in the stock market – the Dow Jones industrial average fell [...]
It seems like every day we’re hearing more and more bad news about the looming retirement crisis. Americans are living longer but at the same time their ability to save and plan for retirement is diminishing. Social Security is covering less of what is needed in retirement. Pensions are nearly nonexistent. And for those who [...]