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re: One in four Americans has more debt than savings
Posted on 2/23/12 at 12:37 pm to iknowmorethanyou
Posted on 2/23/12 at 12:37 pm to iknowmorethanyou
quote:
Over 90% of the US population retires with under $50K in personal savings.
Does this count people with defined benefit pension plans? Because those people were basically encouraged to retire with zero savings, and assuming the pension doesn't go tits up it's not really a problem for them.
1
Posted on 2/23/12 at 1:04 pm to Cold Cous Cous
I'm not familiar with all of the data involved in the stat, so maybe they are included. However, alot of the pensions are getting squeezed and relying of PBGC for help. I wouldn't want all my eggs in that basket either.
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