For most Americans their biggest worries revolve around 3 major topics: having enough for retirement, paying for college, and paying for medical expenses. The article below looks at the breakdown among different American subgroups from the survey provided by Gallup.
Read More »AARP Survey: Golden Years Appear Grim to Aspiring Retirees (+2K Views)
An AARP survey of over 5,000 American workers aged 50 or older has confirmed...that the Great Recession has radically changed the financial situation for many aspiring retirees and that the outlook for their golden years now looks grim. It seems that counting on their home equity to finance a life of leisure didn’t exactly work out as planned. [Let's review the survey's findings.] Words: 400
Read More »Is Your Household One of the 51% Projected to be at Risk in Retirement? (+2K Views)
Many Americans are reacting to the economic downturn not by resolving to save more but by no longer actively planning for retirement. “That’s exactly the opposite of what they should be doing,’’ said Paul Ballew, senior vice president at Nationwide Insurance. Words: 369
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