A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
Retired school administrators who return to public employment would no longer be able to continue to collect their retirement benefits in addition to their salaries under a bill that's been introduced by Assemblyman Ralph Caputo.
Younger Americans in their 30s are now the group most likely to doubt they will be financially secure after retirement, a shift from three years ago when baby boomers nearing retirement age expressed the greatest worry.
The economy continues to slowly get better - but a new study finds a growing number of families in Jersey and across the country are tapped-out - in worse financial shape than they've been in several years.
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