Future retirees will need a new retirement strategy - Yahoo!Finance
The way people are saving for retirement is changing. Why? A recent survey by GOBankingRates and New York Life found that just over 90 percent of respondents aged 65 and older said they would rely heavily on Social Security and almost 44 percent on pensions, with only 20 percent relying on their 401(k) income in retirement. So, what are the Gen Z or Millennials relying on for income in their retirement? Laura Bogart, writing for GOBankingRates, explains what retirement funds boomers are relying on and why future generations will need a new strategy. Read Ms. Bogart’s article here…
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I HAVE RETIRED AT AGE 65 BUT DUE TO THE COST OF RISING
I HAVE FUND MYSELF EMPLOYEED WORKINH 40 HOURS A WEEK.
AND STILL PAYING INTO SOCIAL SECURITY AND THIS WAS A SURPRIZE TO ME.
I FIND MY SELF DOING JUST WHAT I DID IN MY YOUNGER YEARS OF LIFE!
WORKING AND STILL PAYING TAXES KNOW IN MY RETIRERMENT YEARS!
I SUPPOSE IF YOU WANT TO EAT SLEEP HAVE A ROOF OVER YOUR HEAD AND HAVE ALL OF THE COMFORTS OF HOME! WE AS AMERICANS MUST CONTINUE TO WORK AND DO WHAT IS RIGHT IN ORDER WE THE PEOPLE TO SERVIVE IN TODAYS SOCIETY! THE CAR PAYMENT, THE GAS BILL, THE LIGHT BILL,THE GROCERIES BILL,
MEDICINES, THE WATER BILL TRASH AND SEWAGE BILL THAT IS 3 BILLS IN 1 BILL!
REMEMBER WE PAY FOR WHAT WE WANT AND WITH THAT IS A BILL! PRAY MUCH
YES WITH ALL OF THESE INDEARMENT QUALITIES OF QUANTTIES IN LIFE! THE TRUTH IS THAT WE PAY TO LIVE. AND YES WE DO PAY DEARLY? THE NEW STRATEGY
LORD KNOWS THE TRUTH I BEG THE DIFFERENCE. LIFE IS HERE AND THAT IS ALL THAT WE HAVE. IT IS A LARGE BILL AND THAT IS A LARGE PERSCRIPTION THAT WE THE PEOPLE OF AMERICA WILL HAVE TO FILL. IT IS NOT A DEBATE THAT IS UP FOR DISCUSSION BUT THE COST OF OUR LIVES ARE! WE LEARN PRAY MUCH AMEN