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December 17, 2004 09:05 AM

Bush Says Social Security Plan Would Reassure Markets


Excerpt: President Bush said on Thursday that addressing the long-term problems in Social Security would reassure the financial markets, offering a rationale to offset criticism that his plan to add personal investment accounts to the retirement system would require up to $2 trillion in new government borrowing.


President Bush said on Thursday that addressing the long-term problems in Social Security would reassure the financial markets, offering a rationale to offset criticism that his plan to add personal investment accounts to the retirement system would require up to $2 trillion in new government borrowing.

On the second day of a White House conference on economic issues, Mr. Bush continued to lay the groundwork for a strong effort by the White House and its allies to overhaul Social Security and pursue an economic agenda next year that also includes re-examining the tax code, limiting lawsuit awards and reining in the growth in government spending.

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Are You Ready To Retire? (December 13, 2004)
Baby boomers may not be as prepared for retirement as they think. Only 42 percent of boomers have decided on an age to retire and have actively planned out how much they should save each month to achieve that goal, reports Allstate Insurance Company. The ...
Last-Minute Retirement Planning (December 12, 2004)
THE BEST WAY TO save for retirement is to diligently sock away dollars starting with your very first paycheck and stopping only once the champagne is served at your retirement party. Too bad it doesn't always work out that way. On the road to a ...

Read all 23 posts in the same category of Retirement: