Alexander Reed Kelly / TruthdigMar 19, 2013
A survey found that more than half of Americans have less than $25,000 in savings and investments excluding their homes, while 28 percent doubt they will have enough money to retire comfortably -- a high in more than two decades of study. Dig deeper ( 1 Min. Read )
Staff / TruthdigJan 19, 2013
This week on Truthdig Radio in association with KPFK: The progressive plot to save representative democracy, China's retirement bomb, Republican junk science, and doping in sports. Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 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. Dig deeper ( 1 Min. Read )
Staff / TruthdigJan 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. Dig deeper ( 1 Min. Read )
By Kelly JohnsonDec 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. Dig deeper ( 2 Min. Read )
Staff / TruthdigNov 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) Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 15, 2011
The U.S. Postal Service said Thursday that it is thinking about closing more than half of its mail-processing centers, which would eliminate more than 35,000 jobs, in order to turn a profit. (more) Dig deeper ( 1 Min. Read )
Staff / TruthdigAug 1, 2011
On Sunday, President Obama and members of the U.S. Congress agreed to cut at least $2.4 trillion from federal spending over the next 10 years, some of which will come from programs that benefit retired Americans. (more) Dig deeper ( 2 Min. Read )
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