ONE Retirement Addresses Decline in Retirement Savings Among Americans Despite Economic Improvements
(firmenpresse) - KANSAS CITY, MO -- (Marketwired) -- 09/06/13 -- According to the recent Time article, "Why the Improving Economy Has Done Nothing for Retirement Saving," more and more Americans than they did a year ago despite the improving economy.
said, Most people simply don't understand that their future retirement income is a liability that must be funded. Very few have calculated what it would take to fund their future retirement income."
Sanders added that "Spending less money than is earned, avoiding debt and saving the first 15 percent of pay is a good start. After savers have the basics down, they can focus on planning the details of the retirement and finding out the exact numbers they will need to avoid outliving their savings. Once future retirees have these fundamentals and have spent a little time planning, they can get on track and stay on track for a ," said Sanders.
According to , in the past year, the unemployment rate has fallen to 7.4 percent from 8.2 percent, housing prices have risen 12 percent and the average stock has returned 20 percent. But only 18 percent of Americans are saving more than they did a year ago, 17 percent are saving less and 54 percent are saving the same, as reported by a survey. Surprisingly, a staggering 21 percent of employed pre-retirees are saving less than they did a year ago.
is an independent registered investment advisory firm based in Overland Park, Kan. with a history of providing investment services to institutional investors, private companies and affluent families. Like ONE Retirement on , follow the company on or read the for more information about retirement planning tips and free white papers, webinars and resources.
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Valerie Jennings
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Datum: 06.09.2013 - 08:34 Uhr
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