The ING International Survey Savings 2019, the eighth in an annual series, surveyed 14,695 people in Europe, the US, and Australia, and discovered the majority worry about not having enough money in retirement. The findings show that many people are
• https://www.zerohedge.com by Ted Dabrowski and Joh
Pensions get all the attention when it comes to Illinois' collapsing finances. But there's another government-worker benefit also wreaking fiscal havoc – free and heavily-subsidized retiree health insurance for state workers.
• https://www.zerohedge.com by Ted Dabrowski and Joh
Pensions get all the attention when it comes to Illinois' collapsing finances. But there's another government-worker benefit also wreaking fiscal havoc – free and heavily-subsidized retiree health insurance for state workers.
According to the study, a three-decade shift of financial risk from government and employers to individuals is at fault, as aging Americans are dealing with longer waits for full Social Security benefits, 401(k) plans replacing employer-provided pens
This problem is fixable. But it means taking matters into your own hands: You can't fix Social Security. But you can ensure that your own retirement is funded.
- and here is where you can live on a budget and in comfort... A study by International Living identified five places for people to retire on just $30,000 per year
The outlet named, in order, Mafra, Portugal; Cuenca, Ecuador; Central Valley,
The Social Security program's costs are expected to exceed its income this year, marking the first time that has happened since 1982 and forcing the U.S. government to dip into the retirement system's trust fund to pay benefits to participants.
Many pension funds for public workers already owe far more in retirement benefits than they have in the bank, and the problem will only grow worse if the economy slows down, according to a report released last week.
Last week, the financial services giant Northwestern Mutual released new data showing that 1 in 3 Americans has less than $5,000 in retirement savings.
A couple of weeks ago, I discussed the coming "Pension Crisis." The important point made was the unrealistic return assumptions used by pension managers in order to reduce the contribution (savings) requirement by their members.
Medellin is Colombia's second-largest city with a population of 2.5 million. Once the world's murder capital, it's now a hotspot for U.S. retirees Jim Wyss Miami Herald
The cryptocurrency retirement account firm Bitira has announced the launch of two new features added to its business model, which includes fully-insured cold storage accounts and a variety of new cryptocurrencies such as bitcoin cash, ethereum, and m
Financial Advisor Larry Swedroe recently wrote an essay called "The Four Horsemen of the Retirement Apocalypse" that should be required reading for anyone embarking on retirement and all advisors helping retirees. Basically, retirees, whether the
This morning the House Financial Services Committee is holding a hearing that will evaluate how Federal Reserve policies are adversely affecting households, small businesses, savers, and retirees, and consider policy opportunities that the Federal Re
After laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s.
Tens of millions of Americans and their employers pour money into pension plans each month, counting on those funds to grow and to be there when needed at retirement.
Tony James, Clinton's top pick for Treasury Secretary and billionaire hedge fund manager, is promoting a plan to hand over Americans' retirement savings to Wall Street. In other countries, similar plans have dramatically increased poverty and homeles
Tony James, Clinton's top pick for Treasury Secretary and billionaire hedge fund manager, is promoting a plan to hand over Americans' retirement savings to Wall Street. In other countries, similar plans have dramatically increased poverty and homeles
Chicago Mayor Rahm Emanuel brags about balancing the Chicago budget and fixing the city's pension plans. Reuters writer Dave McKinney took the lies hook line and sinker.