Posts filed as “guardian.co.uk”
The economic plan to rob grandma’s bread basket | Helaine Olen
Republicans insist the government is spending too much on social security. Their solution? Something called chained CPI
Here is one of the problems in retirement planning: you can go along for years, faithfully using retirement calculators, re-balancing your stock market investments, reading your estimated social security payouts, just sure you are on track and – well, poof! – the rules of the game can change in an instant.
And, apparently, the United...Read more.
Your 401k won’t save you | Helaine Olen
Most of us have less than $100,000 in retirement savings, less than half what some estimate is needed
Most of us respond to questions about our financial prospects after retirement with sentiments that could be best be compared to the look on Captain Quint's face when he realized he was about to be eaten by the shark in the 1970s classic Jaws.
There is a $6.6tn gap between what we...Read more.
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About Helaine Olen
I am the voice of The Bills, a column about the intersection of money and life, at Slate. At Inc., I contribute to the Spread the Wealth personal finance column. My work on politics, economics, workplace culture and women’s issues has been published in numerous other print and on-line publications, including The New York Times, The Wall Street Journal, The Washington Post, The Atlantic, Salon, Pacific Standard, and The Los Angeles Times, where I wrote and edited the popular “Money Makeover” feature.
I'm the author of the critically acclaimed book Pound Foolish: Exposing the Dark Side of the Personal Finance Industry, and The Index Card: Why Personal Finance Doesn’t Have to be so Complicated, which I co-wrote with Harold Pollack.
What else? I’m a passionate bibliophile, a fan of 1970s pop music and a lover of rummage sales. I live in New York City.
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