Tag: working longer
A new article in the Journal of Financial Planning lays out the unpleasant reality facing baby boomers who really want to retire but can’t afford it: working longer helps a lot. In the article, David Blanchett, who heads the retirement research group for Morningstar’s money management unit in Chicago, calculated the impact of delaying one’s…
Guidance to help policymakers choose among myriad reform options Someone asked whether I wanted to put together a specific list of changes to the Social Security program with attendant cost estimates. After some thought, I declined. While I care very much about the future of the program, solving Social Security’s financing challenge is conceptually easy…
