JOURNAL ARTICLE

How to Safeguard a Secure Retirement for All American Workers.

  • Published In: Time.com, 2023. P. 9 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Duckett, Thasunda Brown 3 of 3

Abstract

The article discusses the urgent need for reforms in the American retirement system, highlighting that 40% of Americans are projected to run out of money during retirement. It emphasizes the decline of traditional pensions and the challenges faced by retirees, particularly in light of rising inflation and insufficient savings. The article advocates for expanding access to retirement plans, implementing auto-enrollment policies, providing financial education, and ensuring that workers have access to reliable income options, such as annuities. It calls for collaborative efforts from policymakers and employers to secure a dignified retirement for all workers. [Extracted from the article]

Additional Information

  • Source:Time.com. 2023/10, p9
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • ISSN:2476-2679
  • Accession Number:172908774
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