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Tag Archives: pension
How do you picture your retirement years? Spending time with your family? Maybe traveling a little? Everyone has dreams about what they want their post-work lives to be like, but for an increasing number of Americans, those dreams are receding … Continue reading →
On this date in 1933, President Franklin D. Roosevelt signed the law that brought the Tennessee Valley Authority into existence. It is now the country’s largest public power provider, delivering electricity to more than 9 million people. The electric utility … Continue reading →
The U.S. population is changing and so is retirement. Boomers are aging, traditional pensions are shifting to voluntary contribution plans, and Social Security faces important financial challenges. Planning—and saving—for retirement is more important than ever. For National Save for Retirement … Continue reading →
Retirement is around the corner for the Baby Boom generation. However, changes in pension plans and uncertainty about the future of Social Security raise questions about whether this and other generations of Americans are saving enough to retire.
As baby boomers move into retirement age, their retirement security is getting a lot of attention, due to longer life expectancies, private-sector pension changes, and uncertainty about Social Security’s long-term fiscal condition.
Pensions, in addition to Social Security, are what allow millions of middle-class retirees to maintain a reasonable standard of living. Any loss of pension benefits (partial or otherwise) can significantly affect a retiree’s ability to pay monthly living expenses, medical … Continue reading →