When replacement referees blew a call on Monday night they probably didn’t know that they were furthering the retirement …
pensions
How Bad Is America’s Pension Funding Problem?
Unfunded liabilities in pension funds are just as onerous as other kinds of debt. Such liabilities now total more than $2.5 trillion and are growing at a rapid pace.
The Six Daunting Financial Problems Facing America
Solutions to the economic problems that the U.S. faces are unpalatable, and there’s a dangerous temptation to avoid dealing with fundamental issues.
Lifetime Income Stream Key to Retirement Happiness
A new study in a land of grumps reveals that retirees with a guaranteed lifetime income stream can find true happiness.
Retirement Savings: 11 Times Final Pay is the New Target
How much do you need to retire? It’s the cosmic question of our day and a new report from Aon Hewitt puts forth a simple answer. But this won’t be the last word on the subject.
The Future of Retirement? 401(k)s That Look Like Old-Fashioned Pensions
One of the biggest flaws in most people’s retirement plan is something that previous generations rarely worried about: monthly income guaranteed for life. But the fix is in, and before long your 401(k) may look a lot more like …
Is the Stock Market Wildly Overoptimistic?
Stocks appear to be flying too high in light of the enormous number of risks that the U.S. economy faces over the next 12 months.
Aiming High, Pension Funds Bet Wrong
Like retirees who make the mistake of reaching for yield, pension fund managers have been shifting into hedge funds and private equity — and losing.
With a Pension Shortfall, Companies Want to Kick in Even Less
Just a decade ago pension plans were flush. Today there is a $400 billion shortfall and companies want to do what? That’s right — cut their pension contributions.
Retirement Buster: It’s Your House, Not Your Portfolio
Retirement portfolios held up surprisingly well through the Great Recession. But housing declines made for the worst period in several generations for pre-retirees, a study finds.
End of an Era: Iconic Greeters Reassigned at Walmart
Say goodbye to the iconic Walmart greeter, who came to symbolize the plight of under-saved retirees in need of a lifeline.
Pension Income Is Guaranteed, Right? Yes, But …
As if we needed another reminder that our safety net is threadbare, AMR Corp., the American Airlines parent company, says it will shut down pensions covering 130,000 employees and retirees as part of a reorganization in …
