Americans naive about retirement money
Americans naive about retirement money, study says
Americans are confident -- perhaps dangerously so -- that they will have enough money for retirement, according to a study by Employee Benefit Research Institute. Although the study found slightly more people are saving for retirement, about 50% of respondents thought they could live on 70% or less of their working income; financial experts recommend preparing to live on at least 70% of pre-retirement income.
http://r.smartbrief.com/resp/dplAjjvHhYjGjJQTvn
posted by Victor Lloyd Smith @ 11:41 AM
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