Commentary: 40% of the American middle class face poverty in retirement. How do we change that?

Sharing is Caring!

  • Some 40 percent of middle-class Americans are at risk of poverty in retirement, due to depressed earnings and asset values and increased health-care costs.
  • Nearly three-quarters of workers now plan to work past traditional retirement age.
  • Both workers and employers must focus on a fix: the former by saving more, the latter by ensuring that defined benefit plans are efficient and sufficient.

See also  Asian American approval rating of Biden plummets from 77% to 44% in one year.
Trending:
See also  American Household Debt Surpasses $16 Trillion

Views: 0

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.