Learn how to make a difference in people's lives by providing common sense solutions to today's problems.
Monday, June 26, 2017
The Advantage Consumers Need
Most people don’t plan to fail, they fail to plan.
Today’s Financial Challenges
Forty-seven percent of workers and/or their spouse have less than $25,000 in total savings and investments and 24% have less than $1,000 in savings. Employee Benefit Institute, 2017 Retirement Confidence Survey
Less than half of workers (41%) report they and/or their spouse have not tried to calculate how much money they will need to have saved by the time they retire so that they can live comfortably in retirement. Employee Benefit Research Institute, 2017 Retirement Confidence Survey
Only 18% of workers surveyed said they were ‘very confident’ about having enough money to live comfortably through retirement. Employee Benefit Research Institute, 2017 Retirement Confidence Survey
than one-third of all working-age adults haven't managed to save any money
toward retirement, according to a new survey by Bankrate.com. The personal
finance site found that 26 percent of people 50-to-54-year-olds and 14 percent
of those age 65 and older have no savings.
While 65 has been established as the retirement age, more
Americans are working into their 70s. USA Today.
The number of workers who are 75 and older has skyrocketed
by 76.7% in the past two decades. USA Today
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