Many working Americans are financially unprepared to retire
Many working Americans are financially unprepared to retire
According to the Center for Retirement Research at Boston College , many U.S. adults have no idea of healthcare cost after retirement.
The Center estimated that nearly 61% of the working Americans will be financially unprepared to retire – a significant increase in comparison with the last year.
In order to cover all health expenses after retirement one should save about $300,000 provided one has average life expectancy and average number of benefits.
Photo: www.wikipedia.org
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