Seventy-five percent of Americans nearing retirement age in 2010 hadless than $30,000 in their retirement accounts. The specter of downward mobility in retirement is a looming reality for both middle- and higher-income workers. Almost half of middle-class workers, 49 percent, will be poor or near poor in retirement, living on a food budget of about $5 a day.
See guys income inequality isn’t hurting anyone. -roll-
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When my employer of 12 years went under in 2009, they took my company-run 401K as an asset in bankruptcy. It’s gone. I...
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See guys income inequality isn’t hurting anyone. -roll-
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