Tag: retirement
Two times more widows than widowers say their spouse’s death carried significant negative financial consequences during the first year after their loss. This sharp contrast recurred in numerous financial questions recently posed to widows and widowers by New York Life. The contrast also seemed to persist across various income levels, in questions revolving around bot…
Cuts in public pensions taking place around the country could reduce the ability of state and local governments to recruit and retain top-quality workers, according to new findings by the Center for Retirement Research, which sponsors this blog. Economists have long argued that pensions and worker quality are related. Pensions, like paychecks, are a form…
