Retirement Archives - Rethinking the Dollar

No Nest Egg Left Behind: Why Baby Boomers Can’t Afford to Stop Working

May 3, 2024 | Retirement

The traditional pathways to financial security are crumbling for Baby Boomers, who face a retirement crisis characterized by inadequate savings, unreliable social security, and vulnerable investment vehicles. The economic landscape is a treacherous one, especially for...

Yellow’s Failure to Meet Financial Obligations Sparks Dissatisfaction Among Truck Drivers

Jul 18, 2023 | Retirement

In recent developments, Yellow, a prominent trucking company that includes Yale Freight and Holland, has failed to make a $50 million payment to the Central States Health and Welfare fund and Central States Pension Fund, as reported by the Teamsters Union. This...

The Flooring Twenties?

Aug 19, 2022 | Retirement

Retirement accounts and Social Security are already taking a beating as the American economy emerges from the ruins of COVID-19. Wednesday it was revealed that Fidelity’s 401(k) and IRA accounts were decimated in 2022 Q2. The average balance of its 401(k) accounts...

Retirement Is A Myth – The American Dream Turns Into A Nightmare

Jul 1, 2021 | Retirement

Since the “Nixon Shock” of 1971 when the Gold Window was closed to the world, it disconnected the American people from a dependable retirement. Over the last 50 years compounding inflation has eroded the purchasing power of the dollar making it harder and...

Retirement Plans Change During A Reset: 401(k) Plans Contain Less Than $10,000

Jun 15, 2021 | Retirement

During a Monetary Reset, All Retirement Plans Change! The financial health of everyone expecting to retire is being challenged. From a lack of savings, increasing inflation expectations, and the destruction of currencies there’s no easy way out of this mess. All...

Social Security Is A Terrible “Investment”

Feb 19, 2020 | Finance, Retirement

Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment because it only provides an average annual income of some $17,000. This is a...