Tag: public transportation

older couple with advisor discussing finances

Florida Retired Germans spend more days outdoors than retirees in this country. But when older Americans leave the house, they stay out longer. What makes the difference? The car. Americans love their automobiles and overwhelmingly rely on them, according to a new study by MIT’s AgeLab. If they’re going grocery shopping, they might as w…

Road trip to Connecticut

The report’s key findings are: Connecticut’s pension systems for state employees and teachers face large unfunded liabilities, despite recent efforts by the State to fund. A significant source of the problem is the “legacy debt” built up before the State began pre-funding its pensions in the 1970s. Since pre-funding began, inadequate contributions from the State and low…