Retirement has become more frustrating than a Rubik’s Cube
In a new Marketwatch column, NIRS executive director Dan Doonan writes that retirement has become a Rubik’s Cube for most Americans.
“So many factors impact how much one is able to save during their working years, and there are even more considerations as one tries to spend down their nest egg so they don’t run out of money. From stock-market volatility to fluctuating interest rates to escalating health, housing and long-term care costs, retirement is fast becoming an unsolvable puzzle for most Americans.”
Statement on Efforts in Alaska to Restore Pension Benefits to Address Grave Workforce Shortage
Alaska’s effort to restore a pension plan for public workers represents meaningful progress in addressing one of the state’s most pressing challenges: attracting and retaining a stable, experienced public workforce. While Governor Dunleavy has vetoed the legislation, the fact that the measure passed both the House and Senate demonstrates a growing recognition that retirement benefits are not just about retirement security — they also are an essential workforce management tool.