Money
Harvard Professor Brigitte Madrian Remarks on the Retirement Savings Landscape for Women
"My biggest concern for women is what happens in retirement. Women have longer life expectancies than men, and married women tend to be several years younger than their husbands, so that the average married woman reaching retirement can expect to spend several years as a widow, and the average single women reaching retirement will spend all of her retirement years that way. In the shift away from defined benefit and toward defined contribution retirement plans, the financial security of women in retirement will depend very much on how the wealth accumulated for retirement is managed." more »
We All Know That Anything a Man Can Do, a Woman Can Do Just as Well, Right?
Even when the interviewees had the chance to tell the employers about how well they expected to do on an upcoming arithmetic test, the economists found that the bias remained in place because men tend to boast and to inflate their abilities, which the hirers were willing to believe. The findings also suggest that both sexes discriminate against women without realizing that they do so. more »
Wealth Track Women: Tax Planning, Tax Tips, Over 50 and Business Owners
Editor's Note: We have, for decades, watched Consuelo Mack's informative business programs on Public Television, helping investors to build and protect wealth over the long-term. During her tenure hosting the Wall Street Journal Report it won the Overseas Press Club award, the Gracie award and was nominated for a News and Documentary Emmy award for excellence in background and analysis. These series of videos may aid you in future tax years prepare for both planning and investing. more »
Longer-Term Challenges for the American Economy: "The overall economic pie is expanding more slowly than before"
There is no single explanation for the rise in inequality and the decline in the share of jobs that provide a middle-class standard of living. Economists generally agree that technological change and globalization have played a role. Both of these forces have reduced the demand for workers whose jobs had involved routine work that can easily be mechanized or offshored while, at the same time, increasing the productivity of higher-skilled workers. However, it is less clear whether technology and globalization are sufficient explanations for the increased share of income going to those at the very top of the income distribution. more »