Raising the SS taxable wage cap is popular on social media. It’s another example of trying to shift responsibility and costs to others. Higher income
Tag: Retirement
Why can’t Americans put more effort into understanding Social Security?
This article with discussion appears on HumbleDollar The lack of knowledge about one of our most important social programs is unfortunate because it minimizes the
So is this what you call socialism? Think again.
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
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.
