Why 80% Of Americans Face A Retirement Crisis

in retirement •  6 years ago 

In spite of a surging economy and asset pricing going through the roof, it appears that not all is rosy amoung the American public.

A number of studies are revealing that Americans are ill-prepared for retirement despite a decade long surge in stocks and a housing market that took off in many areas.

The median American retirement is $0 when all workers are factored in. Using only those who do have retirement accounts with something in them, the number is only $40,000. This is well short of the amount needed that experts say will get one through retirement.

To read the full article, click on image.

steem.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

You got a 10.67% upvote from @booster courtesy of @steemium!

There is no financial education in schools of the USSA

You got a 35.72% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @steemium! Earn 100% earning payout by delegating SP to @oceanwhale. Visit www.OceanWhaleBot.com for details!

You got a 40.74% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

You got a 41.35% upvote from @emperorofnaps courtesy of @steemium!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

You got a 35.60% upvote from @upme thanks to @steemium! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% from your share, daily payouts ( no commission ).
Quick delegation links: 25SP | 50SP | 100SP | 250SP | 500SP | 1000SP | 2000SP | 5000SP | Custom Amount

Buenos información, saludos

You got a 42.11% upvote from @dailyupvotes courtesy of @steemium!

Unfortunately, most do not think much past right now as far as finances go. It is scary how many live financially week to week.

You got a 43.34% upvote from @postpromoter courtesy of @steemium!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

  ·  6 years ago Reveal Comment

Wait!
we can't fund our retirement with debt??

~american

You got a 45.06% upvote from @brupvoter courtesy of @steemium!

Its the persons own choice not to think into the future :)

Posted using Partiko Android

This is by system design. People working for someone else earn what that entity dictates. Working for someone else is not designed to make most rich; but, in the majority of cases, just enough to 'get by'. Even those with healthy salaries are taxed to oblivion.

[Note to self:] In this tech-era everyone of all ages should have an internet-based side gig to become less dependent on an employer.

Peace.

You got a 29.44% upvote from @minnowvotes courtesy of @steemium!

You got a 36.78% upvote from @upmewhale courtesy of @steemium!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!