Tag: saving
Several new books are pertinent to topics frequently covered by this blog. Three worth noting are about low-income savers, older workers, and small employers with retirement plans that are overdue for an upgrade. Here are brief descriptions: “A Fragile Balance: Emergency Savings and Liquid Resources for Low-Income Consumers:”: For low-wage workers in fast food, retail,…
Here’s a sobering thought: by the time most workers get into their 50s, their earnings are declining. Although older workers don’t necessarily see smaller paychecks, their earnings are effectively shrinking, because they no longer keep up with inflation, according to a study charting the inflation-adjusted, or “real,” earnings of some 5 million U.S. workers over…
