Thursday, August 02, 2007
Retirement at Risk: Who's Falling Short
How would you feel about doubling or tripling your 401(k) contributions?
For some people, that may be the only solution if they want to maintain their current lifestyle in retirement.
The Center for Retirement Research (CRR) estimates that 36 percent of high-income households - those with a median income of $117,000 - won't be able to live as well in retirement as they do today. Among middle-income households, 40 percent are at risk of having to downsize, while 53 percent of low-income households are likely to fall short.
Retirement at Risk: Who's Falling Short
Source: Yahoo! Finance
For some people, that may be the only solution if they want to maintain their current lifestyle in retirement.
The Center for Retirement Research (CRR) estimates that 36 percent of high-income households - those with a median income of $117,000 - won't be able to live as well in retirement as they do today. Among middle-income households, 40 percent are at risk of having to downsize, while 53 percent of low-income households are likely to fall short.
Retirement at Risk: Who's Falling Short
Source: Yahoo! Finance
Permalink posted by armandn @ 7:47 AM 
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