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Sep 25

Many have little to no savings as retirement looms

Social Security, in practice, pays for only about 40% of most retirees’ needs…..

Financial obligations faced by young families can be so crushing that saving for retirement often is the last thing that gets attention….

 

Retirement is no longer what it used to be; fat pensions, full medical benefits, and retirement age earlier than 65.  Today’s post shares a great story from the USA Today written by Matt Krantz.  I had the opportunity to visit with Matt late last year and shared with him what I see on a day to day basis and what individuals and families can do to better themselves financially.  

 
Check out the USA Today Story Here:  Many have little to no savings as retirement looms

 

 

The information in this article is not intended to be tax and/or legal advice and should not be treated as such. You should consult with your tax advisor and/or attorney to discuss your personal situation before making any decisions.

Additionally, If you are looking for additional help, seek help from a CERTIFIED FINANCIAL PLANNER™ Professional that can look at your individual situation holistically.