Letters to the Editor • July 21, 2016
The July 17, 2016, commentary by Ed Bachrach on public pensions seems to miss important facts. First, following the global financial crisis every state acted, without federal intervention, to make meaningful changes to defined benefit pensions covering public employees. A large majority of states increased employees’ contributions and adjusted future benefits for workers and retirees […]
In the News • July 13, 2016
“The 2016 presidential race has been filled with excitement and drama. But there’s another layer to American politics that gets less attention: how issues of home, family and wallet intersect with electoral politics and public policy. In this podcast series, we’re tackling some of the issues that matter most to Americans’ daily lives and how […]
In the News • July 13, 2016
“Here’s a thought about how to make America great again: bring back pensions. If Donald Trump really is intent on turning back the clock to the glory days of an America before globalization knocked the stuffing out of the US manufacturing sector, why stop at trade? Part of what is making all but the wealthiest Americans feel […]
In the News • July 12, 2016
“If you’ve turned 30, you ideally should have already started planning for retirement. But if you haven’t begun yet, you’re not alone. A study from the National Institute on Retirement Security found that more than 45% of working-age households don’t own any retirement account assets. As a result, many will even start aggressively investing for retirement when they finally reach their 40s or 50s. […]
In the News • July 10, 2016
“During their working years, women tend to earn less than men, and when they retire, they’re more likely to live in poverty. These are women who raised children and cared for sick and elderly family members, often taking what savings and income they do have and spending it on things besides their own retirement security. […]
In the News • July 1, 2016
“In retirement, women must do more with less. Thanks to a longer life expectancy, the average woman is facing bigger retirement expenses—and she’ll have to cover them with a substantially smaller nest egg and Social Security benefits. And that’s not all. When it comes to retirement readiness, a study by the education firm Financial Finesse […]