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Senior Citizen Bankruptcy

Why the Decrease in Unions and Defined Benefit Retirement Plans Hurts Us All

Don McNay | Posted 10.29.2014 | Business
Don McNay

Is there a correlation between the drop in unions and the drop in defined benefits plans? It certainly seems like it. As defined benefit plans are going away, so is the safety net for older Americans. Most bankruptcy filers are under age 54, but there is a steady rise in bankruptcies of people over age 55.

Just Say "No" to Adult Children Wanting Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.