What Do You Hold On to for Security?
A few weeks back I was in a weekend workshop with some incredible people. Over lunch one of the men that was sitting at the table began to talk about ...
A few weeks back I was in a weekend workshop with some incredible people. Over lunch one of the men that was sitting at the table began to talk about ...
Eric Schurenberg | Posted 08.29.2009 | Business
we had taken a perfectly decent supplementary savings plan and, without any real discussion, allowed it to become the sole source of most workers' non-Social Security retirement income. The 401(k) was not designed for that role, and it has come up way short.
Mark Miller | Posted 08.27.2009 | Business
The vanishing COLA will squeeze many retirees hard. Social Security provides, on average, about 39 percent of income for retired households and more than 50 million people receive benefits.
Mark Miller | Posted 06.05.2009 | Business
Laura Rossman sees a new set of expectations coming for retirement--less focused on material goods and more on experience and values.
Ken Dychtwald Ph.D. | Posted 06.04.2009 | Living
The current economic reckoning has created vast financial losses and uncertainty during the last year, triggering all generations to reassess the funding, timing and purpose of retirement.
Mark Miller | Posted 05.27.2009 | Business
When the nation's most prominent defender of retirement security stops matching employee contributions, you know there's trouble in River City.
Jim Jaffe | Posted 05.15.2009 | Politics
Americans are saving more, which could reduce their dependence on Social Security when they do retire and make proposed reforms less painful.
Beth Shulman | Posted 04.18.2009 | Business
Unless we bolster Social Security and fix the private system for helping Americans save for retirement, workers of today face a very dark financial future in what used to be called the golden years.
Mark Miller | Posted 04.04.2009 | Business
Wall Street uber-ranter Jim Cramer wants America to keep listening to what Wall Street says, but no one is in the mood right now.
Dan Solin | Posted 03.06.2009 | Business
The existing 401(k) system is a scam far greater than anything Bernie Madoff could have conceived. But a new website may change everything.
Rep. Dennis Cardoza | Posted 03.01.2009 | Politics
American families are losing their homes and I know this problem all too well. It began in my own backyard in California's Central Valley, which has been coined "ground zero" of the housing crisis.
Penny Herscher | Posted 02.13.2009 | Business
Our debt culture has come home to roost now, but contrary to the obvious, starting to save now could be the wrong thing for the country.
Scott Malcomson | Posted 02.11.2009 | Business
The deeper problem is not consumers' dependence on credit but the American economy's dependence on consumer over-confidence.
Mark Miller | Posted 02.02.2009 | Business
Unlike traditional pensions, employers have the flexibility to stop or start matching 401(k) contributions as they like. It's a relatively obvious target for cuts in a severe economic crisis.
Rev. Peter Laarman | Posted 01.22.2009 | Business
The unkindest cut this winter is coming from big U.S. employers that have decided they just won't fund employees' 401(k) plans to save costs.
Elizabeth Cox | Posted 01.04.2009 | Living
With many facing the worst economic crisis in a generation, there is no better time to open up communications with your loved one than now.
Mark Miller | Posted 12.22.2008 | Business
If you've been thinking of converting some or all of your IRA assets to a Roth, this is a great time to make your move.
Mark Miller | Posted 12.01.2008 | Business
A number of retirement policy experts believe the solution lies in creating a public-private IRA option for these workers-a defined contribution cousin to the Social Security system.
Jackson Williams | Posted 02.08.2009 | Politics
Just hours before Obama and McCain meet in a Town Hall debate, the Associated Press has moved a story that screams: "Retirement Accounts Have Lost $2 Trillion."
Harry Fuller | Posted 10.23.2008 | Business
We have pauperized our nation, most especially our government. The American dollar is looking more and more like a xeroxed hand-out.
New York Times | Ron Lieber | Posted 06.28.2008 | Business
You've probably heard about the bumper sticker, even if you haven't seen it. It's the one on Cadillacs in Florida and Lexuses in Arizona that says "I'...
Thomas J. Mackell, Jr. | Posted 06.26.2008 | Business
With the country so far down the path to relying solely on market-driven instruments such as 401(k)s for retirement, changing hearts and minds will be akin to turning around a supertanker.
Thomas J. Mackell, Jr. | Posted 06.06.2008 | Politics
Retirement income security has been eroding for more than two decades without any apparent alarm coming from our nation's capitol and its political leaders.
Hillary Rubin | Posted 10.20.2009 | Living