As previously noted. A retirement crisis is coming. It will be mostly women who suffer the worst from this... "We are on the precipice of the greatest retirement crisis in the history of the world. In the decades to come, we will witness millions of elderly Americans, the Baby Boomers and others, slipping into poverty. Too frail to work, too poor to retire will become the “new normal” for many elderly Americans. At some point, lack of savings, lack of employment possibilities and failing health will catch up with the overwhelming majority of the nation’s elders. Let me emphasize that we’re talking about the overwhelming majority, not a small percentage who arguably made bad decisions throughout their working lives." forbes/sites/edwardsiedle/2013/03/20/the-greatest-retirement-crisis-in-american-history/
Posted on: Fri, 30 Aug 2013 21:37:09 +0000