retirement

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The New American Elite

The faces of the Detroit bankruptcy are the thousands of pensioners whose promised benefits are suddenly part of the restructure negotiation. When Motown filed for Chapter 9 last July, the city had $11.5 billion in unsecured liabilities. The vast majority of this was pension and health care benefits owed to retired city employees. The images …

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The Not-So-Golden Years

The dream of virtually every American is to retire as early as possible. Who doesn’t want to have each and every day to do exactly what he or she wants to do? Sure, for some people, that would be work. They like having somewhere to go every day, being valued for their services, and the …

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