18 Jul 2018

The Retirement Crisis Is Now Permanent: What It Means For Financial Planning

A new report from the Organisation for Economic Co-operation and Development (OECD) finds there is now “unprecedented wage stagnation” and despite a stronger economy with record low unemployment rates and a far-reaching and controversial tax cut, the average wages of American workers have not budged since the late-1970s when “the

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20 Mar 2018

Why the Investment Industry Ignores the Retirement Crisis

[sgmb id=”1″] With over $19 trillion under management and the largest political lobby in Washington, you would think the investment industry, comprised of global banks, investment firms, U.S. registered investment companies and the insurance industry, would have a vested interest in seeing that more Americans enjoy a financially comfortable retirement.

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24 Feb 2017

The Darkest View of Retirement and Income Inequality

[sgmb id=”2″] An earlier post on this site (Feb. 23, 2017) pointed out the retirement crisis in America is not getting any attention. But just because it is not getting noticed, it does not mean the crisis will go away. On the contrary, it will only get worse, aggravated by the nation’s wealth gap and attempts to alter

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23 Feb 2017

What Retirement Crisis Are You Talking About?

[sgmb id=”2″] The financial media operates 24 hours a day and despite the proliferation of company, market and economic news and endless commentary, financial journalists are avoiding any discussion about the biggest financial crisis facing every American: the retirement crisis. Politicians don’t want us to talk about it since this is the ultimate form of

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16 Feb 2017

Retirement Planning in the Trump Era

[sgmb id=”2″] Even in the best of times, retirement planning is never an easy or fun task. Now, this task is being made more difficult because the Trump Administration and top Republicans are considering plans to cut Social Security, Medicare and Medicaid, reducing benefits, adjusting tax brackets and deductions, raising the

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