Personal responsibility is the answer.  Each individual has to run his/her own life.  Saving for retirement is a personal choice and a personal responsibility. First, everyone can cut down on their monthly operating expenses.  Cut the cost of the phone service, internet, entertainment (cable/DirectTV), eating out vs...more

You forgot about the tax on home sales implemented with ObamaCare.  I believe you have to pay 2.5% of the gross selling price to the Feds.  That is not a tax you can avoid, even if you sell the house at a loss. These type of articles that are not fully researched are dangerous and should not be just put out there wi...more

Rachel74, The banks got bailed out and most have paid the money back to the Federal Government with interest.  They failed for a number of reasons.  One reason was that they were encouraged by the Feds to make loans to people that couldn't afford to pay them back.  The desire of the Federal Government to have everyone ...more

We can not keep rewarding people for bad decisions.  I am not saying that everyone that took out a student loan made a bad decision, the reason a person goes to college is to gain an advantage in the workplace and make more money.  If they chose not to get  a degree that helps them earn more, why should we, the people,...more