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.
Tag: retirement income
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
Blue Collar Social Security Fairness Act
It’s hard to believe that anyone would propose significant added benefits for Social Security at a time when we have yet to figure out how
