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Social Security Benefits: Surviving On Them Alone Is The Grim ‘New Normal’

Financial expert William Bernstein rings the alarm on this country’s Social Security benefits baby boom retirement crisis.

Can we survive on just Social Security benefits? A grim reality looms for baby boomers nearing retirement, according to William Bernstein. In fact, Bernstein says that about half the baby boomers haven’t saved anywhere near enough for retirement and aren’t going to live comfortably. In fact, between 5 and 15 percent could wind up homeless unless they’re able to work long past their normal retirement years. Read more…

 

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