Tag: retirement age
Retirement age is moving up for men and holding steady for women. About half of today’s working-age households will not be able to maintain their standard of living in retirement. Social Security will provide less relative to pre-retirement earnings; 401(k) balances are meager; and half the private sector workforce does not have an employer-sponsored plan. …
It puts low-wage workers who retire early at increasing risk . Proposals are beginning to pop up once again to increase Social Security’s retirement age. The notion is that if people are living longer, they can work longer. But the retirement age has little to do with how long people work, and a lot to do…
