A study of a retirement program in China found that people who retired early suffered significant cognitive decline that put them at risk of early onset of dementia.
Many of the public employee pension plans run by states don’t have enough money in them to make upcoming pension payments to retired state workers. The pandemic could make that problem much worse.
Americans are increasingly struggling to save enough for retirement. If Social Security isn’t saved, growing old in poverty will likely become more common.
The Australian superannuation system was originally meant to be government-run, and so many necessary protections weren’t included.
Sears Canada’s bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.