Dr. Kevin E. Cahill today published the piece "Should You Be Counting on the Social Security Trust Fund?" on the AGEnda blog, alongside his coauthor Dr. Gene Kovacs, a Vice President at Analysis Group, Inc. The AGEnda blog is a publication of the Sloan Center on Aging and Work. The article reads:
The three pillars of retirement income – Social Security, private pensions, and savings – are shaky these days.
Given the status of these traditional sources of retirement income and the precarious prospects for the future, most of us are going to need to work beyond traditional retirement ages if we want to mitigate any loss in our standard of living.
Maybe that’s not news to you. Well, get ready: the situation is even bleaker.
Dr. Kevin E. Cahill specializes in the economics of aging, labor and health economics, and statistical methods. He is a senior economist and the managing director of ECONorthwest's new office in Boise, Idaho. Read more about ECONorthwest's expanding presence in Idaho.