nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
Here's an article that basically says that 50% of the population is going to run out of money in retirement. Kind of old news given the level of saving and debt in the US. There is just a major disconnect with retirement and personal finances, we've done away with DB plans and expect a family to save $1M to retire while most have significant debt. Factor in that many people have lost equity in their homes and dont even have the option to downsize to access some of the equity.
Many Americans will run short in retirement: study - Yahoo! Finance=
Many Americans will run short in retirement: study - Yahoo! Finance=