Employees know the age of the pension is over. But while theyve managed to assume the mindset of being responsible for their own retirements, that doesnt mean they think they can.
At least some of the massive changes proposed in January by a panel reviewing the military retirement system are getting House and Senate panel backing.
The 2009 plunge in the Dow Jones Industrial Average that came on the heels of the financial meltdown has left a lasting impression on Americans, most of whom still havent returned to investing.
The number of seniors having to pay taxes on their Social Security benefits is rising, and retirees shouldnt underestimate the effect of those taxes on the money they have to live on.
While its recovered somewhat from its nadir in 2009, the financial industry has no cause to celebrate yet. The public still doesnt think much of it, ranking it only above the federal government and the tobacco industry.