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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Dec 29, 2013
Page
11
Washington reports a looming global retirement crisis driven by reduced benefits, higher eligibility ages, and rising debt. Demographic shifts mean longer retirements with fewer workers to support them, threatening living standards and elderly poverty in both wealthy and developing nations.
An opinion piece urges readers to consider traditional pension plans and theFailure of individuals to save prior to the recession. It cites the CSIS report warning that most countries are unprepared for a defining 21st century challenge.
Barack Obama entered year five amid a string of unfulfilled promises and political headwinds. The Snowden disclosures, failed health plan fixes, and stalled immigration and gun control efforts colored a year of uneven progress and sagging public trust, both at home and abroad.
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