The first pension plan was established in 1875 by the American Express Company. Pensions paid to workers were at the discretion of management. Imagine that in 2019? By 1950 about 25% of […]
A pension you say, fagetaboutit
Lost Your Retirement Funds?
Imagine a few thousand or even few hundred dollars in retirement money lost. Apparently that’s not so uncommon. With auto enrollment in many 401k plans some workers don’t even realize they have […]
What you need to retire … maybe ignoring the experts.
Headlines like this mean very little. Some people say you need a million dollars. Others simply go for income replacement percentages starting at 70% and up. Still others say you need 25x […]
“A vast majority of the country doesn’t make a living wage”
The following sparked an interesting debate on Twitter, she’s right, she’s wrong. The facts used are the MIT living wage calculator. I think it’s wrong that (1) a vast majority of the […]
Crack down on tax fraud?
Several Senators, including our favorites Sanders and Warren are asking the IRS to crack down on large tax cheats. Makes sense … I think. But wait, that’s not where the money is. […]
