mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Which is worse 34% of all, or 25% of some or 22% of others? Any way you scope it there are way too many folks depending on SS (I guess) to get them thru the final third of their life. It's a sad situation that does not appear to me to be getting any better.
Why should I care? If those guys are all broke at 70 or 80, who do you suppose they (or the gumment) will come after to pick up the tab?
Why should I care? If those guys are all broke at 70 or 80, who do you suppose they (or the gumment) will come after to pick up the tab?
34% of Americans Have No Retirement Savings - Financial PlanningAmong Baby Boomers, aged 46 to 64, 25% have no retirement savings, and among Matures, those aged 65 and over, 22% have no retirement savings.
Of the Baby Boomers and Matures who have retirement savings, 13% of them have the money invested in stocks and mutual funds, a greater proportion than Gen Xers, who are between the ages of 34 and 45.