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Short on retirement savings? Here’s what to consider
A lot has been written about America’s “retirement crisis” - mostly about the fact that far too many do not, or will not, have enough savings to carry them through their so-called “golden years.” And it’s a very real concern because Social Security will only supply, on average, about 40% of the income needed in retirement, and traditional pension plans are largely a thing of the past. Case in point: about 20% of today’s baby boomers have less than $5000 in retirement savings. But the good news is that there are ways to deal with a shortage of retirement savings, as discussed in this Yahoo! Finance article by Rachel Hartman of U.S. News and World Report. Click here to read more.
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