Is Retirement Still Achievable?

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Let's face it, it's hard enough just to get by these days. Saving for retirement? Now that's a pipe dream for most Americans. Why is that? Are things really that bad? Let's take a look at retirement trends in the United States and see what's behind these worrying developments.

Why You'll Never Retire – Second Thought
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Citations and Further Reading:

Increase in the age of retirement and typical justifications
https://money.usnews.com/money/retire... https://www.ssa.gov/benefits/retireme... https://www.ssa.gov/benefits/retireme... https://www.ssa.gov/pressoffice/IncRe....
https://www.brookings.edu/testimonies...

Estimates of the retirement age in the future
https://www.cnbc.com/2022/04/03/socia...

That Wikipedia page
https://en.wikipedia.org/wiki/Retirem...

97% of people depend on social security
https://www.cbpp.org/research/social-....

Social security is the largest source of income for those over 65
https://harpers.org/archive/2014/08/t...

Income and life expectancy data
https://www.ncbi.nlm.nih.gov/pmc/arti...
https://www.ncbi.nlm.nih.gov/pmc/arti...

Cases of declining life expectancy among the poor
https://www.medpagetoday.com/publiche...

Pensions go from 40% to 13% of workers covered (some sources go up to 20%, but all show a steep decline)
https://www.benefitnews.com/news/earl...

Pensions and 401(k)s, more generally
https://www.cnbc.com/2021/03/24/how-4...

52% of Americans above 55 have no retirement savings
https://www.gao.gov/products/gao-19-442r

Private equity funds, $230 billion, largest transfer of wealth quote
https://www.levernews.com/news-trump-... https://papers.ssrn.com/sol3/papers.c...

The Trump 401k policy picked up by Biden
https://jacobin.com/2022/02/joe-biden... https://www.dol.gov/sites/dolgov/file...
https://prospect.org/economy/letting-... https://www.pionline.com/defined-cont...
https://news.bloomberglaw.com/in-hous...
https://jacobin.com/2022/01/retiremen...

Camperforce
https://harpers.org/archive/2014/08/t...

Labor militancy and retirement
https://aflcio.org/about-us/history

Retirement, generally
https://jacobin.com/2017/04/retiremen...
https://jacobin.com/2019/11/retiremen...
https://claudepeppercenter.fsu.edu/ne...

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