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Entries from May 2009

How To Fix Social Security and Medicare

May 12th, 2009 · No Comments

Memo to the Government on how to fix Social Security The current recession is causing the Social Security and Medicare trust funds to run out of money sooner than anticipated, reports the trustees of both government funds, headed by Treasury Secretary Timothy Geithner. The Social Security trust fund will go negative one year earlier, paying [...]

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Retirement Confidence Crashes

May 3rd, 2009 · No Comments

Retirement confidence has crashed, along with the housing and stock markets, by more than 50% since 2007 according to the latest Retirement Confidence Survey. The 2009 results for the Employee Benefit Research Institute, shows that Retirement Confidence among American workers, is at it’s lowest point since the survey began 19 years ago.   Now, only [...]

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Tags: Retirement News