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The pitfalls of remaining clueless in retirement financing

Recent publications from Bankrate.com report that more than six in ten folks surveyed indicate that they have no clue about how much of a nest egg they’ll need to accumulate for retirement. With the lack of a goal comes the lack of a plan, and the result could be devastating in later retirement years and could lead to an over-reliance on Social Security (and this poses other problems, given that program’s much publicized solvency issues). Bankrate’s Taylor Tepper examines this subject in a post on bankrate.com and offers some sources of preventive measures, Check it out here…

 

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