retirement
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OECD: Governments Must Raise Retirement Age

Jun 13, 2012
A new report issued by the Organization for Economic Co-operation and Development has advised governments to increase the retirement age in their countries. In the face of longer life expectancies, a higher retirement age is the only way to keep pension programs solvent, it says.

Recovery Drags as Americans Dip Into Savings

Jan 18, 2012
For obvious reasons, Americans' savings accounts are shrinking during this ongoing recession, both because there's not as much money to deposit and many more reasons to make withdrawals. This has consequences for the economy's long-term recovery prospects, as does another currently popular method of payment: the credit card.

Corporate Wolf Eats Grandmother Alive

Dec 2, 2011
Ellen E. Schultz's "Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers" reveals how fleecing the elderly is just business as usual for corporations. If the retirement industry isn’t reined in, she concludes, we’ll be right back where we were in the 1930s.

Social Security and the Generation Gap

Nov 5, 2011
Most Americans think that the big government entitlement programs -- Social Security and Medicare -- are a good thing. But young and old part company, according to a new Pew report, over the current effectiveness of the programs and what to do about it. (more)