Not Enough Money to Retire
I read an article today in The ChicagoTribune regarding the lack of savings for those nearing retirement. (After reading about our horrible savings rate, this shouldn’t be a surprise.) Overall, 47% of baby boomers do not have enough money to cover basic necessities which include food, utilities, and health care while in retirement. Younger savers, Gen X’ers, don’t fare much better: 44.5% percent of people in this age group will run out of money in […]
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