The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001.

Each of these public pensions has an above-average alternative asset allocation. At least in 9 cases out of 10.

John Arnold, a Houston Democrat, has inserted his foundation into political fights over how to deal with the rising cost of state and local government pensions.

Baby boomers changed the paradigm in nearly every market they passed through, so why should retirement be any different?