In a blog post last week, we discussed the fact that many Americans plan to work in retirement just to make ends meet. As we’ve mentioned before, though, many people won’t be able to continue working in retirement and may …
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We’ve written about the growing retirement security crisis many times. We’re not the only ones to warn about it either. Back in October, the Government Accountability Office issued a significant report on the lack of retirement security for many working …
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A Cost of Living Adjustment (COLA) is an occasional increase in the amount of a retiree’s or beneficiary’s pension payment in order to account for inflation. COLAs have been much discussed recently, in part because it has been so long …
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Many times on this blog we’ve discussed the shift from defined benefit pensions to 401(k)-style defined contribution plans. While this transition has been most dramatic in the private sector, it is also occurring in the public sector. We’ve detailed how …
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Women typically enter their golden years with less retirement income than men. According to a report last year from the National Institute on Retirement Security (NIRS), women are 80 percent more likely than men to be impoverished at age 65 …
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When most Americans begin to prepare for retirement, they count on Social Security to form the bedrock of their retirement savings. For millions of working families, Social Security is the key to retiring with dignity. However, a significant number of …
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