The elderly have long been seen as financially fragile, meaning that they may be ill-equipped to absorb a financial shock. The key reason is that, once retired, they have little ability to increase their income compared to working households. Going forward, retirees will get less of their income from Social Security and traditional pensions and […]
Social Security 2100—A Path to Protecting America’s Elderly Communities
For millions of workers, Social Security is all they have to keep them from destitution in old age. Even with Social Security’s guaranteed benefits, they struggle to make ends meet. Fortunately, Congress can easily strengthen retirement security by expanding Social Security. Congressman John Larson (D-CT) has a bill to do just that: The Social Security […]
Trends in Retirement Security by Race/Ethnicity
The brief’s key findings are: The earnings and wealth gaps between whites and minorities are enormous. The question is how these disparities translate to retirement preparedness. In 2016, the share of whites at risk in retirement was 48 percent vs. 54 percent for blacks and 61 percent for Hispanics, smaller than the earnings/wealth disparities. The retirement gap […]
Email from Social Security Works
Larry, The Social Security Board of Trustees has just released its annual report to Congress. And with the report comes the expected headlines predicting doom for our Social Security system. Thankfully, these headlines couldn’t be further from the truth. Social Security is in strong financial shape. These scary headlines are the product of a decades-long, billionaire-funded, […]
- 1
- 2
- 3
- …
- 46
- Next Page »