Occupation: Reporter Birth: July 9, 1933
The retirement financial crisis will affect far more people than baby boomers, and certainly it will affect their children. Most of the retirees and ….
The children of baby boomers should take very seriously the consequences for them of the inadequate funding for them of the baby boomer generation. T….
Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there fo….
One of the strongest lessons I learned in doing six months of work on retirement topic was how absolutely crucial the Social Security system is for t….
There is no question that policy makers, corporate leaders, pension consultants, and journalists too have to get out into the real world to at least ….
Television's compelling power is its immediacy . .. this immediacy feeds the politics of emotions, gut reactions and impressions rather than the poli….
Russians will consume marinated mushrooms and vodka, salted herring and vodka, smoked salmon and vodka, salami and vodka, caviar on brown bread and v….
The most common mistakes were investing in money market funds by people who were so scared at the prospect of managing their own funds that they pick….
If the experts are right in their calculations, then we face the prospect of millions of people retiring into poverty from the American middle class ….
It is absolutely stunning. You cannot read numbers that communicate what the reality is. That's part of what I'm trying to get across and that's part….
This is precisely the purpose of censorship - not only to block unwanted views, but to keep people who are unhappy from knowing how many millions of ….
Only if enough ordinary Americans speak up and demand better from both their employers and their government is the system going to get fixed. But fir….
Less money for retirees means less purchasing power means less economic growth overall. It's a big problem..
The issue of the pension gap has got to become visible and important to millions of people before Washington will respond seriously. Right now, every….
It's usually much easier for people with professional skills to find work for themselves or even possibly to continue with their old employer, but on….
It's probably also smart to keep some money in cash to invest it. But I would resist at all costs taking a lump-sum distribution because the tendency….
The main problems are insufficient diversification and the failure to pick age-appropriate strategies - that is, more aggressive when you're younger,….
I personally make sure that some of my investments are in foreign securities or in international commodity portfolios that are independent of the US ….
It really depends upon how much money you have in your account. Having a monthly paycheck come in for the rest of your life is extremely important. S….
One of the difficulties in getting to the bottom of the poor prospects for retirement is that the policy and intellectual elites, including corporate….
In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking ….