Many Americans in real trouble when it is time to retire because they have insufficient savings to carry them through old age. Even those that have retirement accounts at work could be in for a rude awakening when they reach retirement age because billions of dollars in retirement funds that companies owe to workers has not been put aside for them. With the troubled state of the economy, this spells retirement disaster for millions of people.
Click to Enlarge
Embed the above infographic on your blog:
Find the best credit cards that will save you money and help you plan for retirement!
{ 4 comments… read them below or add one }
The link to the “Full size image” is broken.
Viz: Thanks for that. There was some caching issue with the server. Fixed now!
yes, and this doesn’t include the state and municipal pensions that are also underfunded.
Keep those printing presses rolling.
Question:
Item 5 “How to save yourself from retirement disaster” states that “Retiring just 5 years later… might increase your retirement income by $300,000 per year.” seems to be a stretch. Do you mean “increase your retirement savings”?