In the News • March 2, 2016
“Women must stretch fewer dollars over more years than men, leaving them 80% more likely to wind up in poverty at age 65 and older, according to a report released Tuesdayby the National Institute on Retirement Security. Some 9% of U.S. women age 65 and older — and 5% of men — live at or […]
In the News • March 2, 2016
“The broad-based income inequality of the ‘80s and much of the ‘90s, when a shortage of skilled labor drove up white-collar wages, gave way to the more cartoonish income inequality of the 21st century, defined by the outsized income share enjoyed by the top one percent. Nowadays you can experience economic resentment all the way […]
In the News • March 2, 2016
“A report from the National Institute on Retirement Security, “Shortchanged in Retirement, The Continuing Challenges to Women’s Financial Future,” found that, among other bad news for women, they have substantially less income during retirement than men do—and that cuts across all age groups.” Read the article.
In the News • March 1, 2016
Read the article here.
In the News • February 24, 2016
“Why do so many people save little – or nothing at all – for retirement? Because the future isn’t real to them. Only today matters. Psychological research bears out this sorry news, which is ingrained in human nature. According to a survey by the Pew Charitable Trust, only half of American workers are enrolled in a workplace-sponsored […]
In the News • January 26, 2016
“Changes that President Obama will propose to employer-sponsored retirement plans could help 30 million American workers have access to retirement savings, the White House said Monday.” Read the article here.
In the News • January 12, 2016
“We face an urgent retirement security crisis. According to the National Institute on Retirement Security, the median retirement savings of all working households is only $2,500; $14,500 for households headed by a 55- to 64-year-old worker. Social Security, the bedrock of retirement income, must be protected and expanded.” Read the article.
In the News • January 1, 2016
“Last month, President Obama inaugurated yet another way to encourage Americans to save for retirement. In the new myRA accounts, workers can save up to $15,000 in a low-fee investment plan that, like a government savings bond, guarantees the principal. The accounts are a small step toward helping households save, but they are not an […]
In the News • November 10, 2015
“From the time you earned your first paycheck, you likely heard the same advice over and over: Start putting away for retirement—now! And it is sage advice to consider, especially when you look at the stats: The median nest-egg balance for American households last year was a mere $2,500, according to the National Institute on Retirement Security. Data […]