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Joshua's Beginner's Investing Blog

By Joshua Kennon, About.com Guide to Beginner's Investing since 2001

Surviving and Thriving in the New American Retirement System

Tuesday September 5, 2006
For decades, there was a social contract in America between workers and businesses. In exchange for a lifetime of service, companies provided their long-term associates with pension plans and health care benefits, creating a safety net that when combined with social security helped ensure a comfortable retirement. Today, however, the middle class face nothing short of a crisis – social security is failing, the traditional pension has gone by the wayside, and the rising cost of health care have made it almost impossible for most businesses to afford decent coverage while withstanding calls from investors to maintain their profitability. Discover how you can survive - and thrive - in the new American retirement system.

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