Workers More Upbeat About Retirement Prospects

More than one-third of workers say they won’t retire until after age 65, about three times the number saying so in the early 1990s. Another 10 percent say they won’t ever quit working. That’s according to an annual survey released Tuesday by the Employee Benefit Research Institute. Back in 1991, when EBRI first conducted the survey, this idea of never retiring didn’t even come up, says Craig Copeland, a senior researcher at EBRI and coauthor of the study. That is one of …

States Step Up for Retirement Security

Are you saving (enough) for retirement? The numbers paint a worrisome picture – for Americans, our families and the nation. Three-quarters of Americans age 55-64 had less than $30,000 in their retirement accounts as of 2010. And, more than 70 million American workers do not have any type of employer-sponsored retirement plan. Clearly, we need some help to get on the road to retirement savings – and more effective ways to save money for our future. This is where the …

Our “Ridiculous” Retirement System Is Crumbling, Expert Says

Over the years, I’ve watched economics professor Teresa Ghilarducci try her mightiest to nudge lawmakers to make over and strengthen our retirement system before the tidal wave of boomers leave their jobs for good. At Capitol Hill hearings and at retirement policy conferences, Ghilarducci has offered her own proposals, along with those of other policy experts, designed to help Americans retire with adequate income and without risk. Because this system of relying on our 401(k)s to last us through 20 …