The Growing Retirement Crisis (And How to Avoid It)


Manage episode 231847027 series 2394432
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
There’s a growing retirement crisis in this country. A new report on how well Americans have prepared for retirement shows that many Baby Boomers are in bad shape. Many don’t have any savings or a private pension to rely on. There’s also a risk to basic entitlements, like Social Security and Medicare. Without a major overhaul, retirees may face Social Security cuts, and bigger co-pays for health care, in the not-too-distant future.

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