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Carolyn Hax: What happens when parents go broke during their golden years - The Washington Post
Keywords:
Aging, Retirement and 401(K)'s in America- 2010-2016
03/30/2010
The situation confronting the baby boom generation as it retires in the U.S. The stock market boom-bust cycles of 2000-2002 and 2006-2008 have hurt the 401(K) retirement accounts of most Americans. High unemployment and the housing crisis with many home owners under water has only worsened the situation. The difficult situation for seniors earning little interest on their savings. The problem of outliving ones savings for seniors with their money invested in bonds in a low interest rate environment. The median savings of Americans of close to $10,000 with only 10% of Americans having saved about $1 million by age 65. Longevity today means Americans are likely to live to age 85.
Grouped Articles
Big 401(k) Mistakes … and How You Can Avoid Them
Wall Street Journal 04/13/2013
Why Many Retirees Could Outlive a $1 Million Nest Egg
New York Times 06/08/2013
Suddenly, Retiree Nest Eggs Look More Fragile
New York Times 06/15/2013
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
BusinessWeek 05/27/2010
An About-Face for the Stock Market’s 5-Year Return
New York Times 02/15/2014
Cuts to Medicare and Medicaid proposed in the U.S. deficit reduction talks of 2011
07/13/2011
Of the $350 billion in cuts to Medicare and Medicaid that are proposed most of the cuts do little to reduce the rapid increase in medical costs. Most of the cuts shift the burden of paying for medical costs to public hospitals, seniors and state governments.
Grouped Articles
Cuts Would Only Shift Health-Care Costs
Wall Street Journal 07/13/2011
Where's Your Budget, Mr. President?
Wall Street Journal 08/03/2011
The Debt Crisis, Merely Postponed
New York Times 08/02/2011
Wall Street Journal 08/04/2011
How the super-committee can strike a Grand Bargain - The Washington Post
Washington Post 08/05/2011
Why the Debt Crisis Is Even Worse Than You Think
BusinessWeek 07/27/2011
Senior citizens and the effects of mortage overselling on their lives.
02/20/2009
The effects on minorities of mortgage reverse redlining has drawn attention, but the effects on seniors living on social security trapped in mortgages they cannot afford has not received as much attention.
Grouped Articles
Newly Poor Swell Lines at Food Banks Nationwide
New York Times 02/20/2009
Elderly Emerge as a New Class of Workers -- and the Jobless
Wall Street Journal 02/23/2009
Older Borrowers, Out in the Cold
Wall Street Journal 04/14/2009
Consumers Need a Credit Watchdog
BusinessWeek 07/15/2009
Martin Luther King Jr. Would Want a Revolution, Not a Memorial
New York Times 08/25/2011
Carolyn Hax: What happens when parents go broke during their golden years - The Washington Post
Washington Post 11/18/2011
Baby boomers, changing demographics in the U.S. and Medicare, Social Security programs
01/01/2011
In 2 decades the number of people on Medicare is expected to grow from 47 million in 2010 to 80 million in 2030. At the same time the proportion of the voting age population that is over 65 will go up in that period to 26% in 2030 from 17% in 2010. Seniors who vote heavily Republican, and middle aged people who expect to join the senior group will resist any changes to Medicare and Social Security benefits.
Grouped Articles
Demography and the economy: As boomers wrinkle
Economist 01/01/2011
Wall Street Journal 01/08/2011
Wall Street Journal 03/03/2011
A Ponzi scheme that should be fixed - The Washington Post
Washington Post 09/16/2011
Carolyn Hax: What happens when parents go broke during their golden years - The Washington Post
Washington Post 11/18/2011
Even Critics of Safety Net Increasingly Depend on It
New York Times 02/11/2012
Saving for Retirement in the U.S.
03/30/2010
The difficult situation of seniors earning little interest on their savings.
Grouped Articles
Why Many Retirees Could Outlive a $1 Million Nest Egg
New York Times 06/08/2013
Suddenly, Retiree Nest Eggs Look More Fragile
New York Times 06/15/2013
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
BusinessWeek 05/27/2010
The Case for Dividend Funds in Retirement
Wall Street Journal 04/15/2014
The Five Big Lies of Retirement Planning
Unknown 04/17/2014
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