If you've been following the discussion, the question on your mind probably is whether or not the system needs to be changed or not, so let's try and shed some light on it. In last year's State of the Union address, President Bush said that Social Security was 'headed for bankruptcy'. Yet, many... more
With a continued influx of baby boomers retiring, the retirement landscape is about to undergo a seismic shift. What does it mean to be a baby boomer? First, there's demographics: Between 2000 and 2011, the percentage of Americans over 65 years of age grew 18% - with the number of people at or... more
By James O'Brien By now, many investors and analysts have taken a look at President Obama's MyRA plan and drawn a reasonable conclusion: It won't get retirees through many years of post-work expenses. But then, that's not the MyRA's purpose. The federal government's newest retirement instrument... more
By Justin Stoltzfus Those who keep a close eye on American financial trends for consumers are commonly predicting that a lot more of us will choose to retire early in 2014 and future years. Implementation of the Affordable Care Act means that for the first time in a long while, the financial... more
By James O'Brien SUMMARY: In 17 states, significant attention has been given to creating state-administrated retirement savings plans. We look at the frontrunners among those efforts, we look at what's being proposed, and we consider what potential these plans might hold for investors. More than... more
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