Too many people fail to save enough money. While savings rates in the United States increased during and immediately after the financial crisis, they have since fallen back towards historically low levels….
A recently-published study has shown that the United States is falling behind a number of other developed countries when it comes to retirement security….
It should come as no surprise that Social Security is in dire financial shape. The scheme was flawed from its inception, working as a transfer payment system that took money from workers to provide payments to the first recipients of Social Security benefits.
The combined profits of the ten largest banks in the United States have now reached levels not seen since 2007. They are now within striking distance of…