Mar 24 2012
Retirees face a perilous financial decade ahead – Over 30 percent of workers have less than $1,000 saved for retirement. Defined-benefit plans down to 20 percent from over 60 percent in 1983.
While financial institutions can rearrange assets and play around with accounting rules modifying reality the progression of age is hitting millions of Americans. There is no pause button when it comes to growing old. Recent surveys are highlighting a very challenging road ahead for retirees. A survey released by the Employee Benefit Research Institute (EBRI) […]