No Scandinavian country has a socialist economy despite high taxes and extensive tax-funded social support programs. Scandinavian Millionaires, end of 2024 and Billionaires, March 2026
Category: Retirement
Pensions, saving and planning for retirement, pension laws
The pension conundrum and a solution
The future of retirement is uncertain for many private-sector workers, as defined benefit pensions become scarce. By 2026, only 14% of private-sector workers will have access to these plans, a stark contrast to the 45% peak in the mid-to-late 1970s. This decline highlights a larger issue: low retirement account participation and modest balances.
Rich or Wealthy?
Here’s a quick dive into the fascinating world of wealth and richness. According to a 2025 Charles Schwab survey, Americans believe it takes an average of $2.3 million in net worth to be considered wealthy. But what does that really mean? The definition of wealth is subjective, and it depends on various factors like location, lifestyle, and financial prudence.
Pushing for fairer SS benefits❓
Wave a magic wand and give us more… From an e-mail I received from The Senior Citizens League. Right now, the Cost-of-Living Allowance (COLA) for
