Sep 10 How Can I Preserve, Protect, and Grow My Savings? Question: How should 65-year-olds be preserving their finances in order to make it to 90 without going into the poor house? We’ve lost a big chunk in the market; the savings we have is getting no interest. How can we… Continue reading
Jun 12 Watch Finance Fallacy: Stocks in the Long Run Financial advice is often loaded with misconceptions and misinformation. In the latest edition of Finance Fallacy, Paul Solman and Boston University professor Zvi Bodie debunk the belief that investing in stocks is the safest, smartest route to financial security over… Continue watching
May 12 Social Security, Medicare Weakened by Recession By Admin, PBS News Hour The financial health of Social Security and Medicare, the government's two biggest benefit programs, has eroded amid the deep economic recession, according to reports released Tuesday. Continue reading
May 05 Watch Finance Fallacy: Saving vs. Investing Understanding today's economy is hard enough without having to wrestle with popular misconceptions and misinformation. In a new series, Paul Solman and guests debunk the conventional wisdom to help make sense of our economic world. Continue watching
May 01 Watch Brewing Court Battle, Specter’s Switch Top Week’s News Columnists Mark Shields and David Brooks mull the implications of Supreme Court Justice David Souter's retirement and Sen. Arlen Specter's decision to join the Democratic Party. Continue watching
May 01 Watch Souter to Exit Supreme Court, Launching Debate on Successor Amid the news that Supreme Court Justice David Souter plans to retire this summer, the National Law Journal's Marcia Coyle discusses Souter's career and possible replacement. Continue watching
Mar 02 Why Don’t We Offer Earlier Retirement Incentives to Open Up Jobs for the Unemployed? Question/Comment: Someone must have already considered this idea for the economic stimulus, but I haven’t heard anything about it: Why don’t we offer earlier retirement incentives for people still working at retirement age because they want to get their maximum… Continue reading
Jan 21 How Do You See Medicare and Social Security Being Changed to Accommodate Future Generations? By Business Desk Question/Comment: What is the future of Social Security and Medicare in the next 20-years and how do you see it being changed to accommodate future generations? Paul Solman: Medicare is a much bigger problem than Social Security. I think Medicare… Continue reading
Nov 20 Watch Stock Market Swings Fuel Rethinking of Retirement Plans U.S. stocks plunged again Thursday to five-year lows, fueling new concerns of retirement savings and 401(k) plans. Economic analysts mull the risks of stock market investment and challenges to saving for retirement. Continue watching
Nov 03 Watch Across the World, Woes of Collapsed Bank Spread to Borrowers A European bank that lent millions to borrowers around the world, including a Wisconsin school district, needs a massive bailout, which has triggered financial woes among its clients. Charles Duhigg of the New York Times and Adam Davidson of NPR… Continue watching