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 [...]
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 [...]
Indeed, the economic activity of the last week has incited a slew of bad memories from those who watched their retirement dissipate in 2008. With the Dow Jones Industrial Average closing down more than 500 points last Thursday, combined with the downgrade in the U.S. credit rating by Standard & Poor’s on Friday, it’s clear [...]
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 [...]
