For decades, the American labor force grew at a rapid rate, helping to spur strong economic growth. Those days are past. In the coming years, the labor force should grow at a more moderate pace, as significant demographic changes take hold. … With those demographic shifts, the usual measures of […] Read more »
Study Questions Tax Breaks’ Effect on Retirement Savings
Every year, the government spends more than $100 billion on tax breaks to encourage Americans to save more for retirement. But a new study suggests such provisions may have little effect on the amount Americans save. … The researchers – Raj Chetty and John N. Friedman of Harvard, Soren Leth-Petersen […] Read more »
More Americans Worry about Financing Retirement
Despite a slowly improving economy and a three-year-old stock market rebound, Americans today are more worried about their retirement finances than they were at the end of the Great Recession in 2009, according to a nationally representative survey of 2,508 adults conducted by the Pew Research Center. [cont.] Rich Morin […] Read more »
Paul Ryan’s Liberal Fan Club
There is one point on which Democratic strategists and the hard right are united: they fervidly support Mitt Romney’s decision to choose Paul Ryan, Republican of Wisconsin, as his vice-presidential running mate. Geoff Garin, a Democratic pollster who works for the pro-Obama super PAC Priorities USA Action, declared in an […] Read more »
Life’s just good for most older Americans
… USA TODAY partnered with UnitedHealthcare and the National Council on Aging to gauge the attitudes of Americans age 60 and above. The telephone poll shows that most are enjoying their golden years, in stark contrast with a more somber national mood. [cont.] Haya El Nasser, USA Today Read more »
Investors Still Feel Powerless Over Retirement Savings
Fifty-seven percent of investors say they feel they have little or no control over their efforts to build and maintain their retirement savings in the current environment. [cont.] Dennis Jacobe, Gallup Read more »