Time Is On Millennials’ Side

The Millennials are the generation born between 1983 and 2004.  The youngest is 11 and the oldest is 30 years of age.  They have experienced different cultural, technological and economic conditions in their early formative years than did predecessor generations; Generation X (Gen Xers) born during 1965 to 1982 and the Boomer generation born 1946 […]

The Looming Retirement Income Debacle

Many Americans are anxious as they contemplate retirement. While we might hope with optimism, reality paints a gloomy picture.  The average Social Security retirement benefit is $1,301 per month, basically the poverty level, and it is too small for a comfortable retirement. Relatively few Americans will retire with an employer pension, and some pension promises […]

Proposed Taxes May Gorge on Consumer Incomes

American consumers have worked hard to diversify income sources and boost their levels of income.  Their conventional wage and salary income is often supplemented by benefit packages that include retirement-oriented plans.  Many consumers earn rents, interest payments, stock dividends and capital gains.  Some unemployed consumers receive unemployment insurance, but some do not.  A growing number […]