Retirement // Current TV

Sen. Tim Scott says retirement age should be raised

U.S. Sen. Tim Scott said today he favors raising the Social Security retirement age to... more

regroce
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Outgoing Political Maverick Ron Paul Reflects On His Career On NPR

Retiring U.S. Rep. Ron Paul (R-TX) reflects on the liberty movement he built and the... more

Radical_Centrist
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5 months ago
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Remembering Ron Paul for "Changing the Debate"

WASHINGTON, DC, November 26, 2012 ― Congressman Ron Paul rose from relative obscurity to become a huge figure on the national stage, attracting a large and enthusiastic following of youthful supporters and affecting the course of the country’s political dialogue. After twelve terms, Paul has decided to retire from the House of Representatives, fueling speculation about what the former Obstetrician will do next.

During our recent conversation, he alluded to some of his future plans and discussed a wide array of other topics. Unlike most Americans when they retire, Congressman Paul won’t be heading home to relax. He explained that he plans to continue traveling across the nation, delivering speeches on college campuses to students eager to hear his philosophy of liberty.

The Congressman also discussed some of the other potential projects that he plans to embark upon in January: “Maximize my understanding and ability to use the Internet to spread the message. I’m interested in promoting homeschooling. That’s very important so people have options.” He continued, “I’m going to continue working with Campaign for Liberty. In my educational foundation, the FREE Foundation, I’m going to concentrate on talking about foreign policy and the foolishness of our overseas interventions.”

With the media and pundits already discussing the potential crop of political candidates unfolding for the 2016 Republican contest, I asked whether Congressman Paul knew of a potential candidate whom he was willing to support. “I think its way too premature. We’re barley getting over this race and the day after they’re talking about who’s going to be running. I think that four years is an eternity because conditions are going to change so differently. It might be so chaotic that maybe nobody will even want to. I haven’t spoken about 2016 and who I would support.”

Read more: http://communities.washingtontimes.com/neighborhood/remnant/2012/nov/26/remembering-ron-paul-changing-debate/WASHINGTON, DC, November 26, 2012 ― Congressman Ron Paul rose from relative... more

Radical_Centrist
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6 months ago
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Family Care' Benefit Could Fix Retiree Pay Gap

A national coalition of advocates for women's financial security is proposing... more

Womens_eNews
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10 months ago
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Social Security vs. Private Retirement

Is Social Security a good retirement plan? Economics professor Antony Davies shows... more

Radical_Centrist
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1 year ago
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13 comments

Mail Bomb: Update on the GOP Sabotage of the Post Office

Republicans have painted themselves into a corner once again. The party that set out... more

StewSteve
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1 year ago
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0 comments

Mail Bomb: The Republican Sabotage of the Post Office

If Republicans do succeed in destroying the USPS it’s hard to see how it will be... more

StewSteve
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1 year ago
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0 comments

Ron Paul: Dept. of Transportation only needs ‘one guy and a computer’

By David Edwards Tuesday, January 17, 2012 Republican presidential candidate Ron... more

KB723 [removed]
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1 year ago
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100 comments

Congressional Reform Act of 2011

This is a blueprint. It is a place to start. Let's go OWS- and find a legal way... more

KB723 [removed]
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1 year ago
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42 comments

The Perils of Political Retirement (Manic Irrelevance Syndrome) | www.thepoliticus.com

It is thought to be more prevalent among those who have reached high office and then... more

dcherry
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1 year ago
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Ohio Seniors Mobilizing to Defeat Issue 2

In Ohio today, more than 25,000 Ohio retirees took part in a telephone-town hall meeting to discuss how Issue 2 would harm seniors across the state.
Working families in the Buckeye State are mobilizing to vote “No” on Issue 2 because a “No” vote would repeal S.B. 5, passed earlier this year, which eliminates the collective bargaining rights of public employees.
David Friesner, president of the Ohio Alliance of Retired Americans, says the call “helped educate and mobilize retirees to vote no on Issue 2.”
Ohio seniors need to know how the programs they count on in their daily lives would be greatly diminished if this dangerous new law were to take effect. Moreover, retirees who gave decades to public service are outraged to see their life’s work slandered by opportunistic politicians like John Kasich.
Barbara J. Easterling, president of the national Alliance for Retired Americans and an Akron native, told people on the call:
In my experience, collective bargaining is the only way workers can earn good wages and be treated with respect and fairness on the job. Retirees worry about our children and grandchildren in today’s economy, and Issue 2 would be devastating for working families in Ohio.
I am deeply troubled at how Issue 2 maligns those who make our communities better, safer places. Public workers keep us safe. They teach our grandkids. They care for us when we are sick. Our schools, our hospitals, our community centers – these are the backbone of strong cities and towns throughout Ohio.
Edward F. Coyle, executive director of the Alliance for Retired Americans, said, “We must help retirees across the state separate fact from fiction.”
They need to know what Issue 2 means for the quality of the police, fire, and ambulance service in their local community. They need to know about possible cuts to first responders and the community programs that are a part of their daily lives.

http://www.unions.org/home/union-blog/2011/10/21/ohio-seniors-mobilizing-to-defeat-issue-2/In Ohio today, more than 25,000 Ohio retirees took part in a telephone-town hall... more

kvb1
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1 year ago
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Retirement Heist: How Wall Street Stole Your Pension (VIDEO)

“They’ve managed to take the retirement plans for millions of people... more

StewSteve
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1 year ago
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Ungolden Years

Another milestone in my so-called golden years. Yet, to tell you the truth, these... more

joeeddy
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1 year ago
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0 comments

Global crunch the real thing for old hippies boomers

ENDURING music veteran Russell Morris – made famous by his 1969 psychedelic... more

joeeddy
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1 year ago
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0 comments

Perry Says He Hasn’t ‘Backed Off Anything’ In His Book, Still Thinks Social Security Is Unconstitutional

Nation of Change Scott Keyes Think Progress / News Analysis Published: Saturday... more

Buckeye_Bill
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1 year ago
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30 comments

Boomer Retirement: Headwinds for U.S. Equity Markets?

Historical data indicate a strong relationship between the age distribution of the U.S. population and stock market performance. A key demographic trend is the aging of the baby boom generation. As they reach retirement age, they are likely to shift from buying stocks to selling their equity holdings to finance retirement. Statistical models suggest that this shift could be a factor holding down equity valuations over the next two decades.

The baby boom generation born between 1946 and 1964 has had a large impact on the U.S. economy and will continue to do so as baby boomers gradually phase from work into retirement over the next two decades. To finance retirement, they are likely to sell off acquired assets, especially risky equities. A looming concern is that this massive sell-off might depress equity values.

Many baby boomers have already diversified their asset portfolios in preparation for retirement. Still, it is disconcerting that the retirement of the baby boom generation, which has long been expected to place downward pressure on U.S. equity values, is beginning in earnest just as the stock market is recovering from the recent financial crisis, potentially slowing down the pace of that recovery.

This Economic Letter examines the extent to which the aging of the U.S. population creates headwinds for the stock market. We review statistical evidence concerning the historical relationship between U.S. demographics and equity values, and examine the implications of these demographic trends for the future path of equity values.

Demographic trends and stock prices: Theory

Since an individual’s financial needs and attitudes toward risk change over the life cycle, the aging of the baby boomers and the broader shift of age distribution in the population should have implications for capital markets (Abel 2001, 2003; Brooks 2002). Indeed, some studies attribute the sustained asset market booms in the 1980s and 1990s to the fact that baby boomers were entering their middle ages, the prime period for accumulating financial assets (Bakshi and Chen 1994)......

http://www.frbsf.org/publications/economics/letter/2011/el2011-26.htmlHistorical data indicate a strong relationship between the age distribution of the... more

Schnookums
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1 year ago
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3 comments

21 Signs That The New Reality For Many Baby Boomers Will Be To Work As Wage Slaves Until They Drop Dead

All over America tonight, millions of elderly Americans are wondering if their money... more

Revelation1217
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1 year ago
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1 comment

Two Cool! Boomer News: Tofu – Bean dare, done dat – You want fries with that?

Three Quarters of Middle-Income Boomers Expect to Work in Retirement

joeeddy
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1 year ago
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0 comments

Senator Sanders Takes on the Koch Brothers and Their Social Security Lies

EXPOSE THE KOCHS: The Koch brothers fund multiple think tanks and academic centers to... more

KB723 [removed]
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1 year ago
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99 comments

TYT: Progressive Caucus Leader Says Raise Retirement Age

MSNBC Host Cenk Uygur and Congressman Earl Blumenauer (D-OR) discuss whether or not we... more

KB723 [removed]
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1 year ago
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58 comments

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