US Retirement Outlook

TommyIV

Administrator
Staff member
In 2022, the share of households that were not saving enough to maintain their standard of living after they retire dropped to 39 percent, from 47 percent in 2019, the lowest reading in the nearly two decades the data has been tracked.

The improvement in Americans’ retirement finances is encouraging. But even this conservative estimate that counts little-used home equity as retirement wealth leaves four out of ten households with the possibility of a drop in their standard of living once they retire.

[h=1]Rising Stocks, House Prices Boost US Retirement Outlook[/h]
 
I agree too where it said that SS needs to be fixed/funded (Medicare/caid too) & to get all employers to fund retirement savings. Well, yes, my house appraisals have rocketed up a lot in the recent 4-to-5 years, so my property taxes have too and are sincerely hurting my retirement funds... However, I'm blessed with the (FERS) fed retirement pension and TSP-savings (now mostly shifted to IRAs); and my state has zero income-tax to property & sales taxes is how its has to operate, which is pretty fair.
 
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