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Economic growth of the U.S. economy in terms of GDP grew just 2.4% in 2014, continuing the trend of 2.2% average annual growth for the last 10 years. Countries with similar “growth” last year include Afghanistan, El Salvador and Ukraine. If averaging just 2.2% growth per year is unacceptable to you when compared to inflation, […]

Some Benefits May Disappear Within The Next 2 Years The Congressional Budget Office (CBO) has issued its review of the United State’s Social Security programs and the report is nothing short of a “Doomsday Prophecy.”  The so-called “trust fund,” which is basically just a federal line item, is consuming an ever-growing piece of the federal […]

Private equity firms rejected the college town of Evanston, Illinois for a $17 million loan to expand its hockey rink because the city itself ruled that it was already “saturated” with hockey rinks. The town has decided to pass the costs on to taxpayers even though it was decided that the new rink’s chances of […]

Despite President Obama’s recent claims that the Affordable Care Act (ACA) is working better than he anticipated, a recent Kaiser Foundation study has found that 95% of Obamacare subsidy recipients were given money for which they were not eligible. If you think it’s time to repeal Obamacare and fix other programs that generate government waste, […]

The value of the dollar has surged against other currencies, making your retirement portfolio go further on those sandy beaches. While economists and politicians argue over debt ceilings, real people are worrying about real problems like how can anyone retire on an underfunded social security system and rising healthcare costs. The good news is that […]

Retirement savers have a new retirement account option in 2015. The Treasury will offer a new type of retirement account, the myRA, which is not tied to your job and is portable if you change jobs. Savers with an annual income of less than $129,000 for individuals and $191,000 for couples will be eligible to […]

The Social Security program has been underfunded for decades after being raided repeatedly for funds going to other programs, but a surprising number of Americans still rely on Social Security in their later years. According to a recent health and retirement study by the Social Security Administration, 60% of individuals aged 65 and older rely […]

A survey by the Employee Benefit Research Institute has found that 56% of American workers have no idea how much money they would need to retire comfortably. What’s more, only 14% of those surveyed believe they will be able to retire comfortably. If you had the foresight to plan and save in order to retire […]

The Center for Retirement Research has found that 21% of employees who are eligible for a 401k plan at work decline to take advantage of the offer, despite the fact that many employers will match at least a portion of employees’ contributions. If you’re part of the 79% of employees who see the value in […]

According to a recent study by the Employee Benefit Research Institute, ⅓ of U.S. residents aged 30 to 59 will not have enough money to retire, even if they work until they turn 70 years old. If you are a responsible saver who wants to enjoy your golden years, Like and Share this post.