Tag: retirement

Images of growing stacking coins and Hand putting coin into glas

No one really needs confirmation of how tough the Great Recession was. But the Center for Retirement Research at Boston College has quantified the decline – and it’s brutal. Investment losses and falling home prices placed 53 percent of U.S. households in danger of a decline in their standard of living after they quit working…

files in filing drawer

Progress Stalls for Young Adults

The promise of America is progress, but that progress stalled for the youngest generation: U.S. workers under age 45 earned dramatically less than workers who were that same age a decade ago, the Federal Reserve Board’s latest survey shows. For Americans 35 through 44, the median household income – the income that falls in t…