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 […]

Feb 28 2013

New model of retirement, aka working forever. Americans woefully underprepared to face retirement and half of households have zero retirement plan.

Most Americans are incredibly unprepared when it comes to retirement.  The goal posts keep shifting.  Now for full retirement under Social Security people will need to retire at 67 versus 65.  What is rarely discussed is that rising Medicare premiums are being taken out of monthly payments so the amount being received is already shrinking […]

Dec 15 2012

New Retirement Model of Working into Old Age – Baby Boomers hitting retirement age with little to no savings.

The fiscal issues facing the country are troubling for a variety of reasons but one big reason is the reality that many older Americans simply do not have enough money to retire.  The idea of entering your golden years without the need of working is a relatively modern one.  In fact, it was the generation […]

Jul 26 2012

Retirement means having to work in current economy – new survey shows 34 percent of workers in their 60s do not plan on retiring. The hunger for higher yields in a weak stock market.

The chase for yield is causing money to flow into unlikely places in the market.  The low performance market has taken a toll on retirement planning models for millions of Americans nearing retirement age.  Many of the models were built on the assumption that stock market gains would return 7 to 10 percent annual gains […]

May 28 2012

Saying goodbye to the middle class concept of retirement – many workers plan to work up until they are 80 well beyond the typical life expectancy of Americans. How long will $25,000 last in retirement?

The romantic concept of being able to retire on a sunny beach with endless drinks is a modern notion largely pushed by mainstream advertising.  It is hard for many middle class Americans to imagine a world where retirement is a luxury for the very few.  However that is the path we are now following.  The […]

Jan 2 2012

Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.

As many Americans enter into retirement they are realizing one unfortunate thing.  The new retirement plan is no retirement at all.  Over the last few decades Americans were promised the idea of a comfortable retirement yet none of this has materialized because of financial swindling and a real estate bubble that will go down in […]

Aug 1 2011

The Retirement fantasy – middle class Americans are quickly realizing that a secure retirement future may only be a myth. Stagnant income, debt illusion, and the future outlook for working Americans.

Americans are having a tougher time finding extra disposable income to save and create wealth.  It is hard to plan for the future when you are worrying about having enough money to purchase a couple of frozen meals.  When looking at overall statistics we rarely get a glimpse at how tough things have become for […]

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