May 3 2015

The death of the American pension: How older Americans are entering their golden years with a lack of retirement savings.

Listen carefully to the sales pitch from Wall Street.  In the late 1970s and the early 1980s there was a push to get Americans away from pension plans and into 401k style retirement plans.  The notion was that Americans would save enough on their own and would have the financial wherewithal to play in the […]

Mar 29 2014

The looming retirement train wreck: Pension issues, lack of retirement savings, and extending the date of retirement all part of the current economic future.

The concept of retirement is a fairly modern one.  In fact, we can argue that only one generation actually got to enjoy a long and relatively healthy stay in retirement over a mass population.  For most of history, life and work went hand and hand and people retired essentially when they keeled over.  The only […]

Jan 28 2014

Why millions of Americans will never retire: How the prospect of retirement went from a realistic goal to an outrageous dream for most American families.

Retirement was presented to many Americans as some kind of middle class rite of passage.  It was odd to see so many fall under the spell of easy riches and generous retirement math presented to the public from the Wall Street financing machine.  Many saw retirement as a distant object so far into the future […]

Sep 14 2013

Pension disaster looms over the horizon: In 1980 60 percent of Americas participated in a pension program. Today it is less than 10 percent and the amount saved for retirement is startling.

Americans are on the verge of a retirement disaster.  As pension plans slowly go extinct Americans are not saving enough for retirement.  The figures point to a looming pension and retirement disaster.  Retirement for most Americans is largely a mirage.  As organizations switched from pensions to 401ks it was expected that most Americans would save […]

May 11 2013

What does it mean to be retired in the United States? The age of disappearing pensions, dependence on Social Security, and stock market speculation.

A few days ago the stock market experienced a mini panic as someone hacked a reputable news source Twitter account and posted a sensational headline.  The markets quickly reacted to this news.  What was troubling is many algorithm-based trading systems are setup to scour internet information for these kinds of dramatic changes.  Many of the […]

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