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Planning to Retire

July 2011


GOP Divided Over Social Security Cuts

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The majority of Americans think that Social Security (87 percent) and Medicare (88 percent) are good for the country. And considerably more citizens (60 percent) say it is more important to keep Social Security and Medicare benefits as they are, than to cut entitlements to reduce the budget deficit ...

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retirement

401(k) Match Motivates Retirement Saving

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Most workers are lured into 401(k) plans by the promise of an employer contribution. 401(k) matches are the primary reason that workers participate in 401(k) plans, according to a Boston Research Group survey of 1,000 current and retired 401(k) participants sponsored by Fidelity Investments.

[See 10 ...

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retirement

7 Things We’re Spending Less On

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For the first time in 2009, consumers spent less money than they did the year before. Household spending decreased 2.8 percent from $50,486 in 2008 to $49,067 in 2009. This is the first spending dip since the Bureau of Labor Statistics began measuring consumer spending in 1984. Consumers cut their ...

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retirement

Strategies to Stay Employed in Retirement

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Many workers need and want to continue to work during the traditional retirement years. But how long you work is not always within your control. A recent Urban Institute forum asked experts to explain how older Americans can enhance their employability. Here are some of the recommended strategies ...

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retirement