Why 80% Of Americans Face A Retirement Crisis
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.
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There is no financial education in schools of the USSA
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Unfortunately, most do not think much past right now as far as finances go. It is scary how many live financially week to week.
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