Tag: "frugality"

Dying in the Harness

The Employee Benefit Research Institute released a sobering report on the state of personal retirement.  According to EBRI, the lowest 25 percent of income earners among baby boomer households would need to work into their mid 80s before 90 percent of them would have an even 50 percent chance of having retirement income to meet [...]

Social Security COLA Freeze is Not the Problem

For the second consecutive year, seniors will not get a cost of living adjustment in their Social Security checks for 2011 [see USA Today, “No Social Security Benefits Boost Expected for 2011“).  This will certainly become an election year issue, with the parties accusing each other of not caring about the welfare of seniors.  

Fixing Your Retirement Account

I came across an informative in article in the Wall Street Journal this week, "How to Fix Your Life in 2009," (read article here), The premise is that frugality is now in; spending less and saving more is fashionable, so to speak.  So for those of you throwing up your arms in despair over the losses in your [...]