Most Americans expect their savings to run out by 79 — years before they die — and many boomers are unprepared
https://finance.yahoo.com/news/most-americans-expect-savings-run-094500812.html
Posted by GimmeFunkyButtLoving
Most Americans expect their savings to run out by 79 — years before they die — and many boomers are unprepared
https://finance.yahoo.com/news/most-americans-expect-savings-run-094500812.html
Posted by GimmeFunkyButtLoving
3 Comments
Average lifespan for Americans is 79 years old.
Maybe they just need to work harder and not be soft – isn’t that what they say about our generations all the time?
The statistics are that about half of Americans have literally zero dollars saved for retirement. So this is so much more dire than the article portrays. I hope America is ready to see throngs of elderly homeless on the streets. We should be ashamed of allowing this to happen as the richest country in the world. And instead of strengthening safety nets we’re eliminating them. There is going to be a real world of pain for so many Americans in the coming decades unless we course correct.