Tag: Census
The following statistic will sound familiar since I use it regularly: about half of U.S. workers are not saving enough and may see their standard of living drop when they retire. A major culprit in this poor state of preparedness is that millions of Americans at any given moment don’t have a traditional pension or…
Some think in terms of household income of $400,000; the answer is $70,000 When the time comes to fix Social Security, one prominent proposal would raise the payroll tax and apply the tax on earnings above $400,000. Hanging around financial types and academics who worry about pensions and retirement income, it is easy to get…