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Economy, Personal Finance

“79% of Americans who make this one move won’t run out of money in retirement, researchers say”

“…Morningstar’s model — which assumes a hardly guaranteed status quo for Social Security benefits in the future — predicts that 45% of U.S. households will run short of money in retirement. For a large chunk of Americans, that could mean returning to work, going into debt or drastically reducing costs to make ends meet…”

https://www.cnbc.com/2024/08/26/how-to-increase-your-chances-of-fully-funding-your-retirement.html

Don’t depend on social security to save you if your young. It wont be there. America has to much debt. Your Social Security benefits are being inflated away as we speak. Save now. Thank me later.

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