Retirement Trends

Its time to tell the media to focus on numbers that matter, not numbers that dont.

The gap between what state governments have promised employees in pension benefits and the funding to meet those obligations widened to $914 billion at the end of 2012.

Now, it would be up to the city to decide how to raise revenue for pensions.

Theres money there to fund public pensions. It just isnt going to public pensions its going to wealthy corporations.

Slightly more than half of younger consumers say they are very or extremely concerned about having sufficient money for a comfortable retirement.

Only one-third of the 800 respondents said they had saved enough to retire comfortably, and just 35 percent expressed confidence in their financial preparation for retirement.