About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds.
About 1 in 4 have no retirement savings, according to research released Wednesday by the organization that shows how a graying America is worrying more and more about how to make ends meet even as economists and policymakers say the U.S. economy has all but achieved a soft landing after two years of record inflation.
Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.
I’m 30 and have been putting in 17% the past 5 years or so, fucking hurts and makes it hard sometimes but I don’t want to be working at 80. Most days I can’t decide if I want to live to retirement or not but I’m saving anyway so i don’t screw myself once I hit that age