Today’s retirement trends are changing. Are you saving savvy?
The conclusion per two recent studies are that Americans are over confident, have grossly under estimated the amount of money they will spend during retirement years as well as having a warped expectation of how much pensions and Social Security will provide. The end result of these rose colored glasses is that we have not saved enough for retirement.
These results shouldn’t be so surprising, media and experts have been telling us to save since the 1980s when 401(k) plans came into being and companies started shifting retirement savings responsibility onto the workers.
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Today’s retirement trends are changing. Are you saving savvy?<\/p>\n\n\t
<\/p>
The conclusion per two recent studies are that Americans are over confident, have grossly under estimated the amount of money they will spend during retirement years as well as having a warped expectation of how much pensions and Social Security will provide. The end result of these rose colored glasses is that we have not saved enough for retirement.<\/p>\n\n\t
<\/p>
These results shouldn’t be so surprising, media and experts have been telling us to save since the 1980s when 401(k) plans came into being and companies started shifting retirement savings responsibility onto the workers.<\/p>\n\n