It was a striking image. A photo of an 89-year-old man hunched over, struggling to push his cart with frozen treats. Fidencio Sanchez works long hours every day selling the treats because he couldn't afford to retire. The photo and his story went viral and thousands of people donated more than...
For Some Low-income Workers, Retirement Is Only A Dream
Tribune news services, South Florida Sun-Sentinel
Mon, 10/24/2016 - 11:32am
BING NEWS:
- Workers in certain industries tend to have higher 401(k) balances, Fidelity data shows
When gauging 401(k) savings, data often compares generations. But comparing workers by industry can show differences in financial preparedness.
06/14/2024 - 8:31 am | View Link - 63% of Workers Bet on This Retirement Strategy. It Rarely Works.
If you are not comfortable with the size of your nest egg, planning to work a little in retirement probably sounds like a good strategy. By taking on a part-time gig, you can retire from your ...
06/11/2024 - 12:00 am | View Link - Social Security update: Why millions of retirees could see $300 cuts to retirement checks
Social Security payment amounts are set to shrink unless Congress takes some action to prevent it. Analysts estimate the SSA will no longer be able to give out full payments to recipients as early as ...
06/10/2024 - 10:56 am | View Link - For contract workers, saving for retirement can be daunting. Here's how to get started.
Contract workers often struggle to save for retirement. And there are droves of them — now making up more than 1 in 10 US workers, according to research from MIT Sloan professor Paul Osterman. The ...
06/8/2024 - 2:00 am | View Link - Medicare Cliff: Low-Income Seniors Face Financial Hardship, Health Decline
ARLINGTON, Va., June 4, 2024 /PRNewswire/ -- Low-income older adults who lose their Medicaid coverage when they transition to Medicare experience rising out-of-pocket medical expenses, declining ...
06/7/2024 - 7:59 am | View Link - More
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