thestatedtruth.com | October 16, 2017
Teresa Ghilarducci is a labor economist at The New School, specializing in retirement security. Here’s what she told the Washington Post last month. “There is no part of the country where the majority of middle-class older workers have adequate retirement savings to maintain their standard of living in their retirement.” Her research shows even high-income workers haven’t […]
Category: Pensions and Retirement, Research, Tid Bits, Uncategorized |
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Tags: Older Workers Retirement Short, retirement, Workers Retirement Shortage
thestatedtruth.com | March 8, 2013
Hmm….the average working age person has only about $79,651 saved up for retirement. That works out to about $416 per mounth of retirement payout if retiring at age 62. ICI recently released their retirement plan data through Q3 of 2012. The chart of the day shows the real (inflation adjusted) total retirement market assets per working age citizen […]
Category: Charts and Graphs, Commentary, Economy, Finance, National News, Pensions and Retirement, Personal Net Worth, Wall Street |
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Tags: Data, Money, Payouts Assets Chart of the Day, retirement, Saved
thestatedtruth.com | November 19, 2012
Cumberland Associates has this perspective about the world wide slippery economic situation, and failed post-retirement promises made to a trusting populace. Let us get back to the difference between the US and Europe. European peripheral countries waited too long. Now they cannot fund the promises that they made for retirement and post-retirement benefits, and so they have to […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Wall Street, World News |
3 Comments »
Tags: Cliff, Fiscal, government pensions, retirement, Riots, taxes
thestatedtruth.com | September 25, 2012
Savings….The average American says, what savings? The main reason for the recent surge in consumer “confidence” in September was the near record surge in sentiment for those making $15,000-$25,000, which soared from 43.5 to 62.4 in the month, the most since April 2009. And whether this was due to their forecast of the future, and expectation […]
Category: Charts and Graphs, Commentary, Economy, National News, Personal Net Worth |
26 Comments »
Tags: Earned, High Earners, Low Income, Money, net worth, retirement, Savings, Top 1%
thestatedtruth.com | August 26, 2012
Life as we thought it to be, has changed for ever! So what’s the new plan? Uh….Hello By Henry Blodget – Daily Ticker Annual incomes in the United States have dropped sharply in recent years, and near-retirees are getting hit the worst. That’s the conclusion of a new study by Sentier Research, which looked at the […]
Category: Commentary, Economy, National News, Pensions and Retirement, Personal Net Worth |
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Tags: Annual Income, Earnings, Economy, retirement, Savings
thestatedtruth.com | August 22, 2011
Demographics my dear Watson……According to a Federal Reserve Bank report just out stocks could fall an average of 13% over the next ten years solely because of retiring baby boomers. The actual P/E ratio should decline from about 15 in 2010 to about 8.3 in 2025. The model-generated path for real stock prices implied by demographic trends […]
Category: Commentary, Economy, Inspirational, Interest Rates, Bonds, National News, Pensions and Retirement, Real Estate, Wall Street |
51 Comments »
Tags: Baby Boomers, Public Retirement Plans At Risk, retirement, Tough Years Ahead
thestatedtruth.com | April 30, 2011
From The Wall Street Journal….Retirement annuities, may not be such a good idea after all, especially now. Read on! Turmoil in the stock market. Paltry interest rates at the bank. What are the newly retired to do? Many are taking a look at buying a fixed annuity instead. These products let you swap a lump […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street |
1,091 Comments »
Tags: annuity, pensions, retirement
thestatedtruth.com | November 29, 2010
We are all going to be real frugal if this plan see’s the light of day! Currently, individual retirees with $34,000 in outside income and couples with $44,000 must pay taxes on 85 percent of their benefits. The Third Way plan would require individuals earning $50,000 a year and couples receiving $60,000 to pay taxes on […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Wall Street |
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Tags: retirement, social security
thestatedtruth.com | November 27, 2010
More than 90% of employees opt for a lump-sum payout from their pension plan when given the choice.  So the Pension Protection Act was signed in August of 2006 by President George W. Bush. But who does it protect. Well certainly not the employee! Interestingly, the current change has received so little notice that most people aren’t […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Wall Street |
49 Comments »
Tags: fleecing pensions, pensions, retirement
thestatedtruth.com | October 11, 2010
Retired folks are now getting liitle or no interest on their savings (if they have anything left) and now this happens to them!  For many older people, every little bit matters. It really looks to this observer as if our government is out of touch with reality and favoring the rich. WASHINGTON     As if voters don’t have enough to be […]
Category: Commentary, Economy, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street |
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Tags: retirement, social security
thestatedtruth.com | September 18, 2010
The End of Social Security As We Know It By Ian Mathias Baltimore, Maryland On September 30, America will quietly begin a generational shift. This will be the final day of the government’s fiscal year 2010, and consequentially, a very notable day for Social Security. September 30 will be the last day – maybe for […]
Category: Commentary, Economy, Finance, National News, Pensions and Retirement, Wall Street |
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Tags: new normal, retirement, social security