Category: Business

Retirement Woes: More Retirees Are Unable to Retire

Retirement Woes: More Retirees Are Unable to Retire

Retirement is a word that is becoming more and more obsolete.  Most employers nowadays only offer defined contribution plans (401K) as opposed to the defined benefit plans they used to offer in 1985.  This change lowers the cost and liability for employers but it has left more and more retirees unable to retire since they…

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What Will You Do Without Freedom?

What Will You Do Without Freedom?

I chose the above title, What Will You Do Without Freedom, because I am talking about financial freedom.  But then I realized this was also stated in the movie, Braveheart, with Mel Gibson.   Mel’s character, William Wallace, was right to ask this of his people as they were being oppressed by the English. The…

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401K Retirement A Pipe Dream for Millions

401K Retirement A Pipe Dream for Millions

The TV show, 60 Minutes, profiled a segment on 401k retirements and how they are not working for millions of workers across the country.  In typical 60 minutes fashion, the reporter talked to people on both sides of the issue: employees themselves and one of the leading Washington lobbyists for the mutual fund industry, which…

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