Seniors

Economic security for seniors was built on the three-legged stool of retirement (Social Security, pensions, and savings) at the core of the social contract that rewards a lifetime of productivity. Seniors’ economic security, however, is being challenged by two simultaneously occurring trends: a...
08/08/2011
Publication
Economic security for seniors was built on the three-legged stool of retirement (Social Security, pensions, and savings) at the core of the social contract that rewards a lifetime of productivity. Economic security of seniors, however, is being challenged by two simultaneously occurring trends: a...
08/08/2011
Publication
Economic security for seniors was built on the three-legged stool of retirement (Social Security, pensions, and savings) at the core of the social contract that rewards a lifetime of productivity. Seniors’ economic security, however, is being challenged by two simultaneously occurring trends: a...
08/08/2011
Publication
The fear of poverty and outliving one's resources is an increasingly common experience among today's senior citizens. For millions of American seniors this fear is justified. In only four years, the number of seniors at risk of outliving their resources increased by nearly 2 million households...
07/19/2011
Publication
One proposal for cutting the federal deficit that has received support from Republicans and Democrats alike is raising the retirement age. Sen. Richard Shelby, R.-Ala., even favors periodically increasing it "every few years."Labor economist Teresa Ghilarducci argues persuasively...
06/13/2011
News/Resource
This is very different than a CD, which comes from a bank with Federal Deposit Insurance Corp. protection up to $250,000. And it's different than a U.S. Treasury bond, backed entirely by the U.S. government. In a report issued recently by Demos, a think tank, author John Wasik estimated that...
06/09/2011
News/Resource
For far too long, brokers have been selling their older clients complex investments known as structured products. These products are so risky, and so costly in fees, that some of them are almost sure money losers. They entered retirement portfolios like Trojan horses, and then destroyed people’s...
05/17/2011
Publication
New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the...
05/17/2011
Press Release
Rob Brunhild trusted his broker when he was sold principal-protected notes underwritten by Lehman Brothers, noting that the broker implied that the notes were like Treasuries. His expectations for a solid return were dashed when Lehman went under, wiping out his investment. He said his...
05/16/2011
News/Resource
Lost in the hysteria over several fiscal commissions' proposals to cut Social Security is the issue of how these cuts will affect Americans' overall retirement prospects. President Franklin D. Roosevelt realized that Social Security was intended to give only “some measure” of retirement security....
12/16/2010
News/Resource
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