View Single Post
Old 02-17-2013, 03:38 PM  
GrantMercury
Confirmed User
 
GrantMercury's Avatar
 
Industry Role:
Join Date: Jul 2012
Location: Boston, MA
Posts: 1,626
Most Americans Will Now Retire Poorer Than Their Parents

"Trickle down" worked great...

Quote:
For the first time since the New Deal, a majority of Americans are headed toward a retirement in which they will be financially worse off than their parents, jeopardizing a long era of improved living standards for the nation’s elderly, according to a growing consensus of new research.

The Great Recession and the weak recovery darkened the retirement picture for significant numbers of Americans. And the full extent of the damage is only now being grasped by experts and policymakers.
http://www.washingtonpost.com/busine...y.html?hpid=z1


Last edited by GrantMercury; 02-17-2013 at 03:40 PM.. Reason: I forgot to include URL. Sorry.
GrantMercury is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote