Apr 19 2014

How many Americans live paycheck to paycheck? A nation living precariously close to the financial edge.

The fuel that drives our economy is spending. There are few nations that rival our ability to spend. We spend with the gusto of a shop-a-holic. The assumption is that we simply have the money lying around to spend at this level. That is simply not the case since most Americans are flat broke by […]

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 […]

Mar 27 2014

Can the young Atlas support the heavy burden of an aging population? 58 million Americans currently receiving Social Security Benefits. Over half of elderly beneficiaries receive 50 percent or more of their income from Social Security.

Social Security was never designed as a long-term retirement plan.  According to the Social Security Administration for elderly beneficiaries, 53 percent of married couples and 74 percent of unmarried persons receive 50 percent or more of their income from Social Security.  This is an incredibly high number that depend primarily on Social Security and also […]

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 […]

Nov 22 2013

The new American retirement nightmare: Many Americans find they are completely unprepared for retirement.

Starting in late 2010, we reached a threshold where baby boomers were reaching the age of 65 at a rate of 10,000 per day.  This will last into 2030.  What was once thought of as a retirement age is no longer the case.  The body has not evolved to adapt to financial circumstances but people […]

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 […]

Aug 20 2013

The epic crisis in retirement savings: Vast majority of Americans unprepared for retirement. Median retirement savings for those 25 to 34? Zero dollars.

If actions are a method of gauging interests Americans have little desire or ability to prepare for retirement.  In fact, the amount of money saved for retirement is absolutely shocking on the low side.  When you mention that the American per capita wage is $26,000 people seem shocked.  This figure doesn’t coincide with the spend […]

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