baby boomers
New National Poll Finds 78% of Americans Oppose Raising Social Security’s Retirement Age
Thursday, July 15th, 2010The National Committee to Preserve Social Security and Medicare Foundation has released a new poll on American’s views on Social Security, proposals for raising the retirement age, and cutting benefits. The national telephone poll, conducted June 24-June 30th by the University of New Hampshire Survey Center, shows a growing disconnect between the average American’s economic [...]
The Truth about the 2009 Social Security and Medicare Trustees Report
Tuesday, May 12th, 2009Here’s the bottom line from this year’s Trustees Report: Social Security is still fully funded for 28 years No COLA increase planned for retirees Skyrocketing health costs nationwide continue to threaten Medicare Undoubtedly, these facts truths will probably be buried in coverage of this year’s Trustees report as the anti-entitlement crowd revs up its billion [...]
Blog About It: Elder Economic Security
Friday, May 1st, 2009May 1st marks the first day of Older Americans month. Today the Elder Economic Security Initiative team at Wider Opportunities for Women (WOW) is sponsoring a blog day to spread the word on the importance of elder economic security. We all know economic times are tough but for millions of American seniors living on fixed [...]
Don’t Buy the Lie about Social Security
Thursday, March 19th, 2009A new survey by Sun Life Financial claims that nearly half of all workers questioned would like to stop paying into Social Security, even if that means they don’t get any benefits when they retire. They report more workers in their 30′s share this view (59 percent) than those facing retirement soon, 60 and older (33% [...]
Retirement USA Initiative Launched
Tuesday, March 10th, 2009Our current economic meltdown has made it painfully clear…the American retirement system is in crisis. Less than half of full-time workers have a retirement plan, which means our system is far from Universal. Millions of retired Americans are also finding their income is far from Secure or even Adequate. Universal…Secure…Adequate. These are the basic principles [...]
Boomer Bust? Securing Retirement in a Volatile Economy
Wednesday, February 25th, 2009That was the topic of today’s Senate Special Committee on Aging hearing, chaired by Senator Herb Kohl. Testimony ran the gamut from pensions to policies encouraging boomers to work longer. The panel, including our own Barbara Kennelly, offered a wide range of recommendations to improve financial security for a growing number of baby boomer retirees. While [...]
I.O.U.S.A.-Fiscal Fortitude or Trojan Horse?
Thursday, August 21st, 2008Let us say, right up front that we haven’t seen I.O.U.S.A yet…but soon will. We’re very curious to see if the movie sticks to its billing and delivers the facts about borrow-and-spend policies run amuck. No doubt about it, there is an important message there to deliver. However, what worries us is the inevitable next step [...]
Falling Down the Rabbit Hole…
Tuesday, October 16th, 2007We have to admit to being more than just a little confused when we read press coverage of yesterday’s baby boomer event at the National Press Club. Just in case you missed it, the nation’s first baby boomer, Kathleen Casey-Kirschling, filed online for Social Security benefits yesterday to much hoopla. But what was truly unexpected [...]