In its plan, the Defense Business Board proposes doing away with the traditional pension program for any members serving 20 years.
Thrift was once a core American value, espoused by people like Benjamin Franklin. What changed?
The recession is forcing many to make tough decisions and recalculate the age at which they can retire.
Finance expert Beth Kobliner says people struggling to save money should save for retirement before saving for their children’s college education.
More are deciding to postpone retirement or even return to the workforce — some keep working to stay active; others find it necessary in an uncertain economy.