Why a mandatory retirement saving plan still isn’t dead in the U.S.

In today’s New York Times, I examine the prospects for a universal, mandatory retirement saving system in the U.S. The idea has long been left for dead, since the concept of employer mandates has been toxic ever since passage of the Affordable Care Act. But some states have begun implementing mandatory programs of their own, […]

Open letter to Mark Zuckerberg: Use that $45 billion to rescue retirement for the next generation

An open letter to Mark Zuckerberg: I hear that you plan to give away 99 percent of your Facebook shares for philanthropic purposes – what a great idea! You already had 1.2 million “likes” this morning for the announcement – and why not? Your timing makes sense – as a new parent, you naturally begin […]

Year-end tips for retirement savers young and not-so-young

It’s year-end, and retirement savers of all ages need to check their to-do lists. These year-end lists often feel to me like endless, laborious chores, so I decided to limit suggestions in my Reuters column this week to just three – one apiece for three stages of life: already retired, close to retirement and just starting […]

Retirement insecurity: Two studies underline housing and income challenges

Next Monday marks the sixth anniversary of the bankruptcy filing of Lehman Brothers, a key event in the Wall Street meltdown that led to the Great Recession. The recession wreaked havoc on the retirement plans of millions of Americans, and two studies released last week suggest that most of us haven’t recovered well. The Joint […]