A secure retirement isn't a gimme for the middle-class. The reason? They can't afford to save.
Middle-class people are struggling to save for retirement. (Kzenon – Fotolia—stock.adobe.com)
A secure retirement isn't a gimme for the middle class. The reason? They can't afford to save. Housing, healthcare, debt payments and other financial priorities are consuming a larger share of household budgets — leaving middle-class workers with less money to sock away in 401(k)s and IRAs. Dan Doonan, executive director of the National Institute on Retirement Security (NIRS), calls…
Mounting Financial Pressures Threaten the Retirement of Middle-Class Americans
Only 61% of US workers confident they can afford retirement, lowest in a decade - VnExpress International
Americans are slightly less afraid of retirement as inflation cools, but the biggest fears about Social Security, healthcare and savings have barely moved, a new metric reveals
Mounting Financial Pressures Threaten the Retirement of Middle-Class Americans
New Retirement in America Podcast: How the Middle-Class Squeeze Is Making Retirement Security Harder to Achieve
Around four in 10 U.S. Gen Xers, and even some baby boomers, haven’t saved for retirement—as current retirees who didn’t save…
Home care, assisted living costs for older adults have surged over the past five years, straining affordability for middle class…
Bleak research warns not even a lifetime of savings would be enough to lift workers out of the middle class, into the top 10%.
Only 61% of American workers are confident of having enough money to live comfortably in retirement, down 6 percentage points in…
