We’ve been stating for a while that the unfolding U.S. retirement crisis would not only create a social and economic issue for individuals but that it would likely impact U.S. states, as well. We’ve just stumbled across an article in...

According to an article on the 401K Specialist website, there are two important policy initiatives that could provide participants with low savings balances a retirement savings boost. The proposed initiatives deal with Auto Portability and missing participants, which we highlighted...

Towers Watson has produced a study highlighting the fact that only 5% of new hires in the private sector have access to a defined benefit plan (DB). The move away from DB plans to defined contribution plans has been amazingly...

The City of New Haven, CT, is contemplating a pension obligation bond (POB) to sure up the City Employee Retirement Fund. The proposed ordinance allows the city to issue up to $250 million in pension obligation bonds next fiscal year...

According to a WSJ article today, U.S. retail sales fell for the third straight month. This seemed to generate a lot of head scratching from the article's author, who stated, "the drop was unexpected in part because many Americans’ tax...

An article by Alicia H. Munnell, Center for Retirement Research at Boston College, was published on the MarketWatch website on February 27th. As I've said before, I think that she and her team do an incredible job of presenting retirement-related...

GoBankingRates is out with their annual survey on retirement readiness. They reported that ONLY 42% expect to "retire" broke, which is down from 55% last year. However, retiring broke means that you've saved less than $10,000. Really? That is the...

When I was growing up, I frequently misplaced items either at school or at a ball field/court, much to the chagrin of my parents. Fortunately, I wasn't the only one to do so, and as a result, the school had...

A recent article in Planadvisor.com highlighted findings from the Transamerica Center for Retirement Studies that a majority of women (53%) plan to remain in the workforce after the age of 65, and 13% plan to never retire. The reasons for...

There is an article in today's WSJ reporting on a recent study by two Harvard economists claiming that the recent tax legislation will not pay for itself but in fact, will lead to a $1.2 trillion increase in the Federal...