The world’s six largest pension systems will have a joint shortfall of $224 trillion by 2050, imperiling the incomes of future generations and setting the industrialized world up for the biggest.. Eurasia Review
A U.S. Senate vote Wednesday will complicate Illinois' effort to make workplace retirement savings plans available to 1.3 million workers, but state Treasurer Michael Frerichs said the federal action.. ChicagoTribune
Senators Mark Warner and Representative Suzan DelBene introduced the very first federal bill that deals specifically with gig workers. Veuer's Nick Cardona (@nickcardona93) has that story. Source: Veuer -
A new poll finds older Latinos to be more likely than older whites or older blacks to withdraw or borrow money from a retirement account.
According to the API, that's 34 percent for Latinos, compared.. Source: Wochit Headline News -
An Associated Press and NORC Center for Public Affairs Research poll found that older Latinos are more likely than older whites or blacks to claim they've withdrawn or borrowed money from a retirement.. Source: Wochit Headline News -
More young adults today live in their parents' home than in any other kind of household. Almost a third of millennials are under their parents' roof, and among those, one in four is not working or.. Source: CBS News -
S&P futures were fractionally lower from yesterday's record high as European stocks declined and Asian stocks were mixed, pressured by yesterday's 5% plunge in crude after OPEC unexpectedly "failed to.. Zero Hedge
An Associated Press-NORC Center for Public Affairs Research poll found that older Latinos are more likely than older whites or older blacks to say they’ve had to withdraw or borrow money from a.. SFGate Also reported by •Newsday •Seattle Times
The controversial regulation, which is known as the fiduciary rule, was pushed back after President Trump signed a memo in February asking the department to re-evaluate the rule and revise it if it.. SFGate
Authjored by Michael Snyder via The Economic Collapse blog,
*The evidence that the middle class in America is dying continues to mount.* As you will see below, nearly half the country would be.. Zero Hedge
Authored by Simon Black via SovereignMan.com,
*Jose Rafael Torrealba wins the award for biggest scumbag on the planet today.*
Torrealba is a *Venezuelan army general who was featured in a leaked.. Zero Hedge
There was some good news and some not so good news in the Fed's latest annual Report on the Economic Well-Being of U.S. Households.
First the good news.
The report, based on the Board's fourth.. Zero Hedge
A 401(k) plan is the go-to retirement savings account for most workers. But if you're employed at a company that doesn't offer a 401(k) or any other retirement plan, don't worry. There are other.. CNNMoney
Older white Americans are nearly twice as likely as African-Americans to say they've saved enough for retirement, a new poll found. The Associated Press-NORC Center for Public Affairs Research survey.. VOA News