UNDERNEWS: The retirement crisis

October 1, 2014

The retirement crisis

Huffington Post - In a recent working paper, we find that only 44% of workers in the United States have access to a retirement plan at work. Except for workers with defined benefit plans, most middle class U.S. workers will not have adequate retirement income -- 55% of near-retirees will only have Social Security income at age 65.

1 comment:

Unknown said...: To be honest I do not understand the reason why so many people will not receive adequate retirement income. Is it the the problem of the government or thees people just did not make right decisions on time? But the numbers are enormous, that is why it must be changed. But for the time being I see the only way to have some extra cash when it is necessary. You can contact online store providing cash advances. This online service will help you to solve any monetary difficulties.; October 3, 2014 at 5:41 AM

Post a Comment

ABOUT THE EDITOR

The Review is edited by Sam Smith, who covered Washington under nine presidents, has edited the Progressive Review and its predecessors since 1964, wrote four books, been published in five anthologies, helped to start five organizations (including the DC Humanities Council and the DC Statehood Party), was a plaintiff in three successful class action suits, served as a Coast Guard officer, and played in jazz bands for four decades.

A truly independent journalist with his feet firmly grounded in the reality of neighborhoods and everyday people. -- Patrick Mazza, Progressive Populist

A truly original voice in American journalism: humorous and plain spoken and filled with common sense -- Jay Walljasper, Utne Reader

Inimitable -- Mother Jones Magazine

Sam's a cynical cat -- Marion Barry

Sam's one of the few independent voices left. The press today is either extreme or special interest or else just establishment, an extension of the corporate spirit -- Sen. Eugene McCarthy,

One of a small group of whites with whom many blacks would trust their political lives - Chuck Stone, Washingtonian.

A reputation for wit, intelligence and anger. -- Claude Lewis, Chicago Tribune

Smith is an island of reason and information in a sea of narcissistic blather. -- City Paper, Washington

Whatever the debate, the Review's sharp critiques encourage us to look out our window, notice and act upon what we see, and also to look further -- to the rest of the country and globe -- to see how the organized big world interacts with our more spontaneous small worlds. - Utne Reader