ExFlyBoy5
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I read this article and was taken aback at the number...only 8%? I understand some folks will contribute to a 401K or similar plan and not invest in an IRA, but I was still shocked. Perhaps the notion of, "most people couldn't come up with $400 in an emergency" isn't too far off the mark.
https://www.fool.com/retirement/2018/04/28/only-8-of-americans-are-making-this-smart-retireme.aspx
The IRS recently released Individual Retirement Arrangement (IRA) data for the 2015 tax year, and there's one shocking statistic that stands out:
Only 8% of eligible taxpayers chose to contribute to an IRA of any kind.
https://www.fool.com/retirement/2018/04/28/only-8-of-americans-are-making-this-smart-retireme.aspx