The United States is entering the most expensive phase of retirement. Some of America’s oldest are eligible for more than $100,000 a year in combined Social Security benefits, while remaining as one of the wealthiest generations in the country. The national debt is rising—just passing $40 trillion this month—and Social Security is set to enter
The stock market has been hot but the job market has been cool, potentially leading some older workers to simply head for the exits sooner than they expected. Friday’s jobs data showed that the overall labor force participation rate ticked down to 61.4% in July, the lowest since early 2021 when the economy was still
Rep. Alexandria Ocasio-Cortez’s stunning election win eight years ago heralded the start of a broader political shift, and the New York Democrat sees that swelling into a transformational movement. In an interview Sunday on ABC News’ This Week, she acknowledged that her party had lost support from young people in earlier election cycles, especially young
Baby boomers are sitting on immense wealth after benefiting from a historic era of economic growth and financial gains, but heirs shouldn’t get their hopes up too much. Estimates of the so-called Great Wealth Transfer vary, reaching as high as $124 trillion. A report last month from Visa Business and Economic Insights put the number at
