CHICAGO Greetings from Illinois, a state that never tops the rankings of places to retire. We have one of the great American cities, but also polar vortexes and an enormous state budget deficit - and now there is renewed talk about taxing retirement income to help close the gap.
CHICAGO Jill Schlesinger got her start on Wall Street, and that is where she learned a lot of what she knows about the financial world. But she has built a career dishing out personal finance advice by pulling back the curtain on myths about investing, and showing how average people can make a solid plan for retirement.
CHICAGO, Feb 14 Social Security is one of those
topics that spark a lot of questions. The system has some
complexities, but people are curious for a simple reason: Social
Security is our universal retirement program. Nearly all of us
pay into it and have a stake in its future. And right now, we
all have reasons to be concerned.
CHICAGO When Medicare prescription drug insurance was created in 2003, the idea that beneficiaries with very high drug costs should pick up 5 percent of the tab seemed reasonable - but that was well before specialty drugs were invented that carry price tags in the tens of thousands of dollars.
CHICAGO The idea that Social Security benefits should be expanded - not cut - is going mainstream.
(The opinions expressed here are those of the author, a columnist for Reuters)
CHICAGO, Jan 17 Economists call it the "old-age
dependency ratio" - a rough measure of the balance between
people who work and retirees.
CHICAGO (The opinions expressed here are those of the author, a columnist for Reuters.)
CHICAGO Ai-jen Poo wants to transform caregiving into real work.
CHICAGO Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program.