Retirement Income Deficit

The deficit no one is talking about

Worries about deficits have become front and central in Washington in a time of sharply rising national debt. In this climate, solutions that reduce deficits and debt are viewed with considerable political favor. However, in the debates now going on about how to address deficits, let’s not forget a deficit that no one is talking about. Read more »

Social Security is not the problem

Recently, policymakers in Washington have discussed cuts to Social Security as a way to reduce the nation’s debt. The fact is that any cuts to Social Security will not solve the nation’s retirement income crisis, but instead will intensify nation’s retirement income problem. Any cuts to Social Security will push a countless number of Americans further into poverty. The nation’s Retirement Income Deficit of $6.6 trillion is the real problem. Read more »

"Wake Up, Washington!" Story Bank

Retirement USA – a new initiative working toward a universal, secure, and adequate pension system for all Americans – is sponsoring “Wake Up, Washington!” Month, a speak-out about retirement security, which will take place from September 15-October 15. The month will be a time for Americans across the country to tell lawmakers to keep their hands off of Social Security and to fix our patchwork private retirement system.

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