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A Glimmer of Optimism in the Retirement Planning Picture, Perhaps?
Financial security in retirement is a major concern in the minds of many workers looking toward that life phase. So much of the news over the past few years has been gloom and doom, with Social Security’s looming insolvency and what’s often referred to as America’s retirement savings crisis, that thoughts of a comfortable lifestyle in later years frequently looks unattainable for so many.
So, let’s put aside the negativity for a moment and take a look at a post by ASPPA contributor John Iekel. In his post, which you can access here, Iekel describes developments that have emerged just recently that are considered good news for future retirees, including measures brought about by last year’s SECURE 2.0 enactment and the emergence of state-run retirement vehicles that provide savings opportunities.