The retirement savings deficit in America


For many Americans, the largest single expense in a lifetime will be the purchase of a home. However, retirement costs outstrip the average home costs by more than 250%, according to a new study by Merrill Lynch and Age Wave. Can your nest egg handle that expense?
The study, “Finances in Retirement: New Challenges, New Solutions,” addressed the “Seven Life Priorities” of retirement: Health, Family, Work, Leisure, Home, Giving, and the centerpiece of it all — Finances. Average retirement costs are listed as $738,400, a lofty target given current funding trends.
Read the Full Article at >>>>


We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
Previous articleWhy you need financial literacy as a veteran
Next articleThe 5 high-paying jobs expecting the biggest hiring boom in the next 10 years