Saving for retirement in the 21st century
Is the lottery really your best shot at avoiding Alpo in your old age?
Apparently so. 57% of workers surveyed had less than $25,000 in total savings and investments.
By W.C. Varones - May 16, 2013
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The saddest thing about these folks is that they will be clamoring for a socialist savior even worse than Obama to "save them" from the failure of capitalism. And the rest, as they say, will be history.
Well, that $25K doesn't include the value of their home and/or defined benefit plans, which makes it a little brighter.
I wouldn't worry too much about today's geezers though. They'll happily continue stealing from their grandkids' generation, all while turning around and demanding respect from these very same young people.
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