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#Retirement
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 2h

Pat Archer, a 73-year-old woman who retired in 2020 believing her Social Security and pension would sustain her, has returned to part-time work at an assisted living facility due to financial pressures from rising living costs and healthcare expenses, reflecting a broader trend of older Americans feeling compelled to "unretire" for financial security amidst escalating inflation and a challenging economic landscape. #Retirement #FinancialSecurity #Workforce #US #TN #AR #VA #OK #IR

www.nytimes.com
'Fired From Retirement': Financially Insecure, Older Americans Return to the Grind
Pat Archer retired several years ago but found that her Social Security and small pension couldn't keep up with her bills.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

In his article, Mr. Rattner argues that President Trump's proposal to liberalize investment options for individual retirement accounts, allowing access to complex and risky investments like private equity and cryptocurrency, is a significant mistake that could harm everyday Americans who lack the financial expertise necessary to navigate such options, and he advocates for a reformed retirement system that emphasizes professional management and universal coverage, rather than encouraging risky speculation. #RetirementPlanning #FinancialLiteracy #InvestmentStrategy #US #AU

www.nytimes.com
Opinion | This Trump Proposal is Good for Private Equity -- and Not Good for Our Retirement Accounts
Mr. Rattner, a contributing Opinion writer, served as counselor to the Treasury secretary in the Obama administration.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

In his opinion piece, Mr. Rattner argues against President Trump's proposal to allow individuals greater investment freedom within retirement accounts, contending that most Americans lack the expertise to navigate complex investments such as private equity and cryptocurrency, and that the shift could ultimately harm retirement savings rather than improve them. #RetirementPlanning #PersonalFinance #InvestmentStrategy #US #AU

www.nytimes.com
Opinion | This Trump Proposal is Good for Private Equity -- and Not Good for Our Retirement Accounts
Mr. Rattner, a contributing Opinion writer, served as counselor to the Treasury secretary in the Obama administration.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

The article argues that President Trump's proposal to allow greater investment flexibility in individual retirement accounts, including access to high-risk options like private equity and cryptocurrency, is misguided, as most Americans lack the financial knowledge to navigate these complex investments, potentially exacerbating existing retirement challenges and undermining economic security for retirees. #RetirementPlanning #InvestmentStrategy #FinancialLiteracy #US #AU

www.nytimes.com
Opinion | This Trump Proposal is Good for Private Equity -- and Not Good for Our Retirement Accounts
Mr. Rattner, a contributing Opinion writer, served as counselor to the Treasury secretary in the Obama administration.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

The article critiques President Trump's proposal to allow individuals greater access to high-risk investments within their retirement accounts, arguing that this liberalization could harm average Americans who lack the financial expertise to navigate complex investments, while advocating instead for a reformed retirement system that ensures economic security through professional management and strengthened social safety nets. #Retirement #Investments #FinancialLiteracy #US #AU

www.nytimes.com
Opinion | This Trump Proposal is Good for Private Equity -- and Not Good for Our Retirement Accounts
Mr. Rattner, a contributing Opinion writer, served as counselor to the Treasury secretary in the Obama administration.

Of course we need to increase productivity. But can someone explain to me why we can waste hundreds of millions of euros on BES or TAP and we cannot lower the retirement age in Portugal? (Original: Claro que temos de aumentar a produtividade. Mas alguΓ©m me explica porque podemos desbaratar centenas de milhΓ΅es de euros no BES ou na TAP e nΓ£o podemos baixar a idade da reforma em Portugal?) #Productivity #RetirementAge #Portugal #PT