#Social Security

A new study warns of an international “retirement crisis” with many pension and savings programs unfunded or underfunded in both the public and private sectors. “Social Security systems, national pension plans, private sector pensions, and individual retirement accounts are unfunded…

Future entitlement reforms will likely increase the importance of many workers’ personal savings for retirement. And as the Government Accountability Office (GAO) indicates in a new report, workers deciding how much to save should carefully consider their probable “replacement rates”…

The administration unveiled a proposed budget Tuesday that would lower projected deficits and keep the debt stable as a share of the economy over the next 10 years. But the plan has no chance of winning approval from a Republican…

Voters are hearing promises of big tax cuts from the Republican presidential candidates and big spending increases from the Democrats. But Concord Coalition Executive Director Robert L. Bixby points out that the nonpartisan Congressional Budget Office (CBO) last week released…

Republican presidential candidates Rand Paul and Carly Fiorina will appear this weekend on Your First Budget, a series on the MC22 television network that is providing voters in Iowa and elsewhere with critical information on the fiscal and economic proposals…

WASHINGTON -- The Congressional Budget Office (CBO) released projections today that show the federal deficit rising this year for the first time since 2009 and the government sinking deeper into debt over the next decade, a problem that The Concord…

In the latest Fiscal Fridays interview, Republican presidential candidate Rand Paul called the federal debt “the most important problem we face” and said he would try to balance the budget in five years even while cutting taxes. Paul, a U.S.…

“Save more for retirement” undoubtedly made it onto many New Year’s resolutions lists. And that’s a good resolution to keep, judging from a recent study on expectations and realities about retirement. Many workers may feel they can afford to save…