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"People had a median savings of about $25,000. Their median goal was $350,000."
And this is the reason the Democratic party is so popular. We obviously can't take care of ourselves, so we need the government to do it for us - More..
The survey, one will note, was commissioned by an insurance company, Prudential. Can anyone guess what they will be using the results to do? (Sell 'insurance' under the guise of saving for retirement).
'Baby Boomers' More..
Raising the earnings cap on social security and a slight increase in the FICA rate would solve the Social Security shortfall but the right wingers fight it tooth and nail. This working to 80 is a myth for most. Say a person worked construction. Is More..