The CNBC article below states that 42% of Americans “at risk of retiring broke”. I’ve also read over the last few weeks that 1/3 of Americans don’t have enough saved for retirement. Whatever the ACTUAL number is, it is far too high. This is a problem that needs to be addressed, and needs to be addressed RIGHT NOW. For current retirees, there might not be too much they can do. However, for younger generations, take this as a huge red warning sign. Learn from the prior generations, and take saving money seriously.
Here’s what I’ve been reading this morning: