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Editorial: Retirement crisis hitting country
The world has changed for people facing retirement, and not in a kind way. In a comprehensive look at what it calls a “global retirement crisis” facing workers of all ages, the Associated Press reported over the weekend that the world is unprepared for the challenges that are coming for many people as they enter retirement years. Americans are at least $6.8 trillion short of what they need to have saved for a comfortable retirement, Associated Press reported based on National Institute on Retirement Security estimates. That means that for Americans 55-64 years old, the shortfall comes to $113,000 per household...Read More
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