For most American workers, retirement savings are made up of three parts: Social Security, workplace pension plans or 401 plans, and your own savings. But for many older Americans today, two of these three pillars aren't holding up. ," retirement and aging expert Elizabeth White writes that this current system is a "wobbly three-legged stool," and that Social Security is the only leg people can rely on.
Social Security provides a guaranteed income for most American workers later in life. In June 2020, the average American retiree received a monthly benefit of about $1,500, according to data from the"Social Security is the only leg of the three-legged stool that is holding somewhat steady," White writes. "The others? Not so much." For many Americans, saving isn't an option.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Take a look inside a historic Missouri house with nine jail cells - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This would be a great house for those in the family that refuse to quarantine. 🤣
Source: BusinessInsider - 🏆 729. / 51 Read more »
Look inside President Trump and Larry Ellison's relationship - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. what's going to happen to these corrupt deals when Trump is defeated.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Sunrun and Vivint Solar's historic $3.2 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Gold shortages are here and increasing. Sandstorm Gold is going to have INCREDIBLE cash flow for next decade. $1800+ Gold spot price certainly does not hurt!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wowed by this house!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Charles Schwab rolls out digital financial planning, retirement tool - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check out my Gig on Fiverr: Do You Want To Make eye catching animated logo intro videos 4k In 5? Please Contact Me: logo intro video videointro animatedlogo
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock picking strategy, 7-part model from market legend William O'Neil - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check out my Gig on Fiverr: Do You Want To Make eye catching animated logo intro videos 4k In 5? Please Contact Me: logo intro video videointro animatedlogo Only need a few weeks to do that in crypto. 👍 Yeah, pretty amazing guy. His CANSLIM principals of investing work. He created the publication I recommend his book, “How to Make Money in Stocks”
Source: BusinessInsider - 🏆 729. / 51 Read more »