Grandma's New Financial Problem: College Debt
posted by Quonab on Aug 7, 2012 - 99 comments

"We’re not going to say, 'Give it to me and let my grandchildren suffer.' I think they underestimate seniors when they think that way." But 71-year-old Barbara Sullivan cannot imagine asking people to pay higher taxes. And as she considered making do with less, she started to cry." (slnyt) [more inside]
posted by Snarl Furillo on Feb 12, 2012 - 131 comments

The Gray And The Brown - why the baby boom generation's concerns about race may mean that it's stabbing itself in the back as it moves into retirement.
posted by Artw on Aug 19, 2010 - 66 comments

One man's retirement math: Social Security wins At the heart of President Bush's plan to sell Social Security private accounts is a simple notion: You're always better off investing your retirement money than letting the government do it. By doing it yourself, you can stow some money in the stock market, and over the long run will get a better return on that investment than today's Social Security system offers. The idea is broadly accepted. That's why the administration's plan to partially privatize the system sounds appealing to many. But that better return won't always happen. Just ask Stanley Logue of San Diego. For 45 years, the defense-industry analyst paid into the system until his retirement in 1994. But with all the recent hoopla over reform, Mr. Logue, a Massachusetts Institute of Technology graduate, decided to go back and check his own records. Would he have done better investing his money than the bureaucrats at the Social Security Administration?
posted by Postroad on Dec 27, 2004 - 80 comments