8/1/2015 – A retirement storm is coming. Are you prepared? (The Washington Post)

Aug 03, 2015 Comments Off by

The Government Accountability Office found that among households headed by someone 55 or older, about 29 percent have neither pension nor retirement savings. Among those who do have savings, the median amount for households headed by someone 55 to 64 is about $104,000, and $148,000 for households headed by someone 65 to 74. That’s “equivalent to an inflation-protected annuity of $310 and $649 per month, respectively,” the GAO said.

Read the full article in The Washington Post.

 

Financial Landing 2015

About the author

The author didnt add any Information to his profile yet