It should not surprise anyone that people are scared about the future of their retirement. Yesterday, the Financial Times had this: Anxiety about having enough income in retirement is growing, according to a new Financial Times/Harris Poll, with more than half of adults in the US, France, Italy and Spain saying they are more […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "401(k)s"
Bankruptcy and The End Of Real Pensions
Posted on 24 April 2009.
Confusing signals are coming out about what the apparent inevitable bankruptcy of Chrysler will mean. But, I do think this will be another stake driven into the idea of having real pensions anymore–which is kind of shocking given how many people just lost much of their retirement in the greed-is-good collapse of economy. I’ll […]
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Enjoying Your 201(k) Yet? Time For Real Pensions
Posted on 03 April 2008.
I happened to see a cartoon recently in which one person says to another, "My 401(k) feels like a 201(k)". That is, indeed, one of the other, less-talked about facts that many people are facing in the more-visible credit-crisis gripping our economy. You would think that that reality would force a serious rethinking of […]
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