8 steps to seek retirement funding peace of mind
It’s always a good time to talk about retirement planning because many Americans near or at retirement are worried they’ll outlive their money. It’s a legitimate concern.
New statistics show a different type of income inequality
Lately, there’s been a lot of talk about income inequality – the increasing gap between our society’s highest-paid workers and the lowest-paid. Generally the term “income inequality” is used to highlight the difference in wages and salary for people while they’re working. Now, new data from the latest National Compensation Survey point to a different […]
A “Gettysburg Address” on pension promises
Last week, I spoke to an auditorium full of economics and public policy students at Gettysburg College, as part of the Economics Department’s Finance Symposium. This year’s topic: “Re-Defined Benefits: The Past, Present, and Future of Defined Benefit Pensions in the United States.” You can read my speech here or watch the entire symposium on […]
Most Americans Haven’t Planned for Retirement and Other Areas of Concern
The financial status of American households may be even darker than we thought.
34% of Americans Have No Retirement Savings
Just over one-third, 34%, of Americans have no retirement savings, and 27% have no personal savings, a November 2010 survey of 2,151 by The Harris Poll found.
An Exciting Day for PRC
The Pension Rights Center had a very exciting day on Tuesday as we joined with three other groups to unveil a new initiative called Retirement USA. Together with the Economic Policy Institute, National Committee to Preserve Social Security and Medicare, and Service Employees International Union, we presented principles that would provide the basis for a […]