Proposition 42: Protect Your Retirement Savings and Avoid Being Taxed Twice

Californians already pay some of the highest income taxes in the country. Proposition 42 seeks to protect the money they have saved for retirement and to keep politicians from imposing a new tax on those funds, even retroactively. That is why firefighters, workers, seniors and small businesses support the measure and urge voters to vote yes.
Cheryl Brown: Seniors don’t get a do-over. Vote Yes on Prop. 42.

When I served in the State Assembly and chaired the Committee on Aging and Long-Term Care, I said one thing on the floor more than anything else: seniors don’t get a do-over.
Editorial: Sí a la Proposición 42

Los activos que protege son los que normalmente ya se han gravado una vez cuando se venden o cuando generan ingresos
New survey finds Californians increasingly worried about retirement security

A new statewide survey paints a concerning picture of retirement security in California, with most voters saying the state’s high cost of living and taxes are making it increasingly difficult to save for the future.
Why ‘unretired’ seniors are picking up gig work to pay the bills

Before Stu Goldberg begins his night shift driving for Uber, he pulls out a notebook to read a handwritten list of reminders. “No tickets. Full stops,” he’d scrawled in the book. “Careful backing up. Watch for pedestrians and bikes.”
For Many of America’s Aging Workers, ‘Retirement Is a Distant Dream’

Walter Carpenter walks across the ski resort’s dining room on a knee that needs to be replaced and a hip that’s going bad. Lumbering into the kitchen
Some older Americans are ‘unretiring’ to keep up with cost of living, AARP survey finds

Some Americans ages 50 and over are exiting retirement and returning to work, according to a new AARP survey.
California ranks among worst states to retire in. Here’s why

Maureen Spranza marked her retirement with a party in August 2024. By December of 2025, the 60-year-old was back at work, “un-retiring” as rising costs made retirement unaffordable. She now holds three jobs.
The 15 most expensive U.S. states to retire—No. 1 requires over $2 million in savings

You need to be a millionaire just to cover basic retirement costs in 15 U.S. states, according to a new analysis by GOBankingRates.
More U.S. Residents Are Working Past Retirement Age

The share of households ages 65 and up increased by 33% in a decade—and, nationwide, more older residents are living in poverty
