A Nonpartisan Economic and Social Policy Research Organization
retirement policy

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The Upcoming Social Security Debate

Recent rumblings suggest that Congress may soon be ready to tackle Social Security’s long-term financing problems. The Social Security trustees’ recently released 2009 report predicts that the system will begin paying more than it collects in 2016, just seven years from now. Our updated estimates (PDF) show how alternative reforms would affect different groups of older Americans. We also point out what can be learned from past efforts to change Social Security.

Seniors and the Financial Crisis

High unemployment, stock market losses, and falling housing prices have serious repercussions for older Americans. Seniors have little time to recoup the values of their homes, 401(k) plans, and IRAs. More and more older adults need to work, but rising unemployment limits their prospects. Our latest fact sheets, commentary, and testimony track outcomes and suggest policy solutions. >Read more

 

Research Spotlight

Unless the stock market rebounds quickly, the 2008 crash will substantially reduce future retirement incomes for adults now in their fifties, especially those with high incomes.


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Source: How Will the Stock Market Collapse Affect Retirement Incomes? (2009)

Key Questions about Retirement

How is retirement changing, how can workers prepare, and how can policymakers improve retirement security?

 
 

In the News

10 Great Places for Entrepreneurs to Retire
(U.S. News and World Report)

June 29, 2009

Retiring: Seven Keys To A Successful Retirement
(The Wall Street Journal)

June 25, 2009

Archives

 

Recent Publications