My previous column on the growing generation gap in pension benefits stirred up a hornets' nest. Readers chimed in on all sides of the debate and started spewing out formulas and "multipliers" to ...
In most states, the benefits formulas for active employees are untouchable. The only way to chip away at pension-funding problems is to fiddle with formulas for new employees, partly because unions ...
Watch this video to learn some useful ways to help you with calculating percentages: the number swap hack and the decimal multiplier hack. Calculating percentages is something you should be confident ...
The third table provides inflation-adjustment multipliers based on a 3 percent inflation rate. Our 40-year-old would multiply $40,000 by 2.094, which corresponds with retirement in 25 years. That ...
An amount can be increased or decreased by a certain percentage to change its size. A reverse percentage problem involves finding the original amount before a percentage increase or decrease. The ...
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