The Growing Retirement Crisis (And How to Avoid It)


Manage episode 231847142 series 1248803
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
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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