PRC In the News
Americans in their 50s especially hard-hit by recession
In this bloody free-for-all of a recession, Americans in their 50s are really taking it hard on the chin. Their 401(k)s have been cut down to 201(k)s. Their pensions have been frozen, or worse.
Economy puts kibosh on retirement, workers fear
Get a sinking feeling every time you look at the 401(k)? Loading up on Spam and Hamburger Helper because of pay cuts at work? Such anxieties are now so common that nearly two out of three Americans doubt that they’ll ever be able to retire, according to a new survey.
