I didn’t write the following list, but my thirty-years managing 401k plans substantiates what is said below … sadly 😰. Human nature being what it
Tag: Retirement
Understanding how the Social Security COLA is calculated.
The COLA is based on the change in the Consumer Price Index for Urban Wage Earners; the CPI-W. The change is measured using the average
Teacher pay is falling.🤔 The chickens are coming home to roost. Decades of generous health and retirement benefits; low employee contribution rates and no understanding of how it was all to be paid for is now biting teachers and some other public employees in the butt.
No, the data is not misleading. What was misleading was the overly generous promises made to teachers and other government workers along with the impact
An aging population, a growing percentage of older Americans means …
Higher health care costs, greater difficulty funding Medicare and Social Security and a shift in the workforce and a more significant role for immigration. This
