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Real Wages Falling: Workers Feel the Squeeze

2010-12-29
Marcus Tang

Pay rose — so why still feel poor?

Inflation eats pay rises; real wages are falling and workers are hurting; when salaries lag prices, retirement savings need sharper management — not a dollar should be wasted on high-fee funds. Nominal gains, shrinking purchasing power: that’s the truth.

How do you protect retirement as pay shrinks?

Earning more is hard; spending less is easy — swapping pricey funds for cheap ones is a stealth pay rise. Compare funds’ expense ratios and defend retirement money in lean years.

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