Last week, the United States celebrated the 80th anniversary of the ratification of the Social Security Act, the law that created one of the most important government programs in our country today.
The Act was a direct response to the economic disaster of the Great Depression. Unemployment surpassed 25%, forcing...
Cause and effect—it’s one of the first things we learn as children. But few people truly understand its meaning, which can become the source of all kinds of trouble.
The economy is a perfect example. Just because the stock market keeps reaching or approaching all-time highs does not mean the...
On last week’s Crash Proof Retirement Show, political insider Dick Morris and former Federal Reserve official Andrew Huszar joined Phil Cannella and Joann Small for a panel discussion entitled “Is There A Retirement Crisis In America?” The panelists agreed that there is indeed such a crisis, and now research...
Most reports tout the economic prosperity of the past five years. The stock market has rebounded from the 2007/2008 collapse, the unemployment rate has fallen to historical lows, and even housing prices have recently started to come back after years in decline.
But the biggest economic problem still lingers—these supposed...
As they close in on retirement, many products of the Baby Boomer generation are watching helplessly as their American Dream turns into a nightmare.
A recent survey from the Insured Retirement Institute (IRI) found that only 27 percent of Baby Boomers are confident that they will have enough money to...
