Will MyRA Be a Path to More or Less Financial Protection?

By: Friday January 31, 2014 7:56 am

What I find intriguing about President Obama’s MyRA program is that for now it is a very small idea but it has potential to lead to both some very good and very bad outcomes. For the Good – Theoretically, it could end up being the humble start of a basic public banking system that would [...]

Americans Are Expecting to Retire Much Later

By: Friday May 17, 2013 8:25 am

Americans are not expecting to retire until much later in life according to a new Gallup poll. Since the recession started the number of people who don’t think they will retire until they are past age 65 has increased significant. From Gallup: I look at this trends and see a sad expression of the breakdown of the [...]

A Terrible Time to Cut Public Retirement Programs

By: Tuesday November 13, 2012 10:46 am

The real problem with Medicare and Social Security is not that they are too generous, but that they are too stingy. There is currently a slowly unfolding retirement crisis. The move away from defined pension programs to 401(k)s is now starting to bear fruit in the form of a generation of older Americans who lack [...]