Tag: save for retirement

Grim Report on Our Retirement Savings Habits

According to an article in The Week, half of all workers have put nothing away for retirement. Baby boomers have a median savings of only $78,000 while experts say to sustain a middle-class lifestyle across 15 or more years a retiree needs nearly one million dollars! At the same time...

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Many Lost When It Comes to Financial Planning for Retirement

Nearly 60% of Americans over the age of 50 are worried about the costs of long-term care, while only 16% feel prepared financially, according to a recent study by Sun Life Financial and conducted by Kelton Research.Œæ Bob Klein, Sun Life’s vice president of Strategic Planning and Linked Benefits says...

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