pensions
The three-legged stool
The newest data from Allianz finds that 22 percent of Americans currently working hope to retire in 2024. Unfortunately, these soon-to-be retirees will discover the much talked about “three-legged stool” no longer applies to most people. What is a “three-legged…
Why Retirement Planning is Important
With a growing number of Americans suggesting that our country is facing a “retirement crisis,” and specifically with younger workers expressing fears about financial security in their “golden years,” the general subject of financial planning for post-career living presents a…
The “Retirement Crisis”…More than Just Fixing Social Security
Anyone tuned into the news about America’s retirement system are keenly aware of Social Security’s solvency dilemma and the actions being debated in Congress to fix the problem. But according to Financial Regulation News’ Douglas Clark, the problem is broader than…
Retirement Planning–Some Trends to Be Aware Of
Forbes contributor Greg Herlean, in a post on their website, takes a look at some definite trends that have evolved in recent years in the word of retirement planning…and they’re not necessarily positive trends at that. The good news is that…
Social Security: Some States Tax it, Most Don’t
Thirty-seven states and the District of Columbia do not tax Social Security benefits, and some states also do not tax private pensions. The Motley Fool editors have developed a list of both of these groups for those who are contemplating…
Gen X and Social Security: A Changing Landscape
A recent MetLife study, titled “Study on Gen X: The MTV Generation Moves Into Midlife,” concluded that the population group referred to as Generation X (those with birth years ranging from the early-to-mid 1960s to the early 1980s) have come to understand…
Future Retirees: Taking the Long View
Azcentral.com reporter Russ Wiles takes a long range look at retirement prospects facing younger Baby Boomers and Generation Xers, suggesting that the somewhat rosier scenarios playing out for current and near-term retirees may begin to evaporate as time passes. In…
Putting America’s “Retirement Crisis” in Perspective
MarketWatch columnist Jeff Reeves takes aim at one of today’s serious issues by providing a chilling recap of the problems facing our country’s retirement system in the years ahead. Noting the dearth of savings on the part of future retirees, the decline…