Tag: stock market
U.S. stock market performance has implications for our entire retirement system – not just your 401(k). Three studies addressing the big-picture relationships between the market and retirees’ financial security were produced in 2017 by the Center for Retirement Research, which sponsors this blog. Here are summaries of each one: State and Local Pension Plan Funding…
Fluctuations emphasize the importance of Social Security as base retirement income. The recent gut-wrenching falls in the Dow Jones Industrial Average and other market indexes highlight the terrifying nature of our employer-based retirement system. Yes, stocks over the long run have performed well, and the Dow will inevitably recover. But with the aging of t…