42% of Americans are at risk of retiring broke

2 comments:

  1. They have voted for evil for the last forty years I have been watching. For that complicity in war crimes against humanity, they deserve degradation and death.

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  2. Using the so-called 4% rule, even $1 million saved would generate only $40,000/year and only if properly managed and you don't live unusually long. That, plus the average social security would only provide a very modest lifestyle. Remember, that's in today's dollars. In 20 years, you'll need $3 million or more saved for same modest purchasing power. In other words, for 90% of Americans, eating dog food in retirement won't just be a reality, it'll be the occasional treat.
    - Stef from InsurancePanda.com

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