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 […]
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 […]