A growing number of US workers say it’s becoming more difficult to save for #retirement. Just 37% of people in a recent survey said believe they are “very likely” to reach their retirement goals, down from 47% a year ago.
With limited time and money, amassing the average savings target of $1.8 million is a nearly impossible feat. If the US government gave every baby $10,000 to invest in the stock market, everyone would have enough for retirement.
Bloomberg columnist Nir Kaissar breaks down how to fix the retirement crisis…
Bloomberg Opinion
Most workers lack the time and #money to #invest enough in the #stockmarket. But the #USgovernment has plenty of both.
A growing number of US workers say it’s becoming more difficult to save for #retirement. Just 37% of people in a recent survey said believe they are “very likely” to reach their retirement goals, down from 47% a year ago.
With limited time and money, amassing the average savings target of $1.8 million is a nearly impossible feat. If the US government gave every baby $10,000 to invest in the stock market, everyone would have enough for retirement.
Bloomberg columnist Nir Kaissar breaks down how to fix the retirement crisis…
2 years ago | [YT] | 7