Vanguard has an article that's a bit different from the usual mantra...
Who’s on track for a secure retirement?
"As the job of saving for retirement increasingly shifts from employers to employees, many pundits are warning that Americans aren't up to the task and will face dire financial consequences as they get older.
A new Vanguard study offers a different view: Although some Americans are counting on Social Security alone to carry them through their retirement years, a sizeable part of the population is saving actively for retirement. And, by and large, they're doing a reasonably good job of it."
However...
"There remains a sizeable population that will rely solely on Social Security for its retirement income," said Steve Utkus, director of the Vanguard Center for Retirement Research. "Addressing the needs of this 'non-saver' population goes well beyond traditional savings policy to include issues of education and job training. Meanwhile, among the 'saver' population, it seems that many households are doing a reasonably good job amassing additional assets and benefits to support themselves in retirement."
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Numbers is hard...
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