Peter Passell is a senior fellow at the Milken Institute (a non-partisan economic policy think tank in California) and the editor of the Milken Institute Review. He has taught economics at the graduate school at Columbia University; consulted to firms including Microsoft, verizon Wireless and Visa; written about economics for The New York Times and served on its editorial board; and analyzed public policy for other publications ranging from The Wall Street Journal to Le Monde.
It's your money. You worked for it. And there's one thing you can be sure of. One day, you and your family will need it. For college tuition. For retirement. For illness. Maybe even just because you want to take a vacation. But in a time when the socks have been knocked off Wall...
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