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An All-American Recipe for a Retirement Disaster
The country is facing a retirement crisis as its citizens live longer, which will result in greater demands on their assets. Yet many workers are failing to save enough — or anything at all — for their golden years, according to a new study from investment firm BlackRock. Four out of 10 Americans said they haven’t started saving for retirement, either through an employer program or their own savings, according to the BlackRock Global Investor Pulse Survey, which polled 27,500 people across 20 nations, including 4,000 Americans. The study also found that relatively few Americans are taking steps to ready themselves for a longer retirement given today’s prolonged life expectancies,..Read More