“Boomers are expected to live longer than any previous generation. At the same time, many haven’t saved nearly enough for retirement. More than 44% of early boomers (defined as those born between 1948 and 1954) and 43% of late boomers (born between 1955 and 1964) may not be able to afford basic living expenses in retirement. [..] Nearly one in six people ages 45 to 64 say that paying for their kid’s college tuition got in the way of saving for their own retirement. That’s not surprising, given that the typical middle-income family will spend more than $230,000 to raise a child from birth to age 18, up 23% (in today’s dollars) since 1960.”
http://www.marketwatch.com/Story/story/print?guid=9025B8AE-EA37-11E2-8134-002128040CF6
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Power Metals CD launched with exposure to gold, silver, copper
UK survey finds one new ‘legal high’ goes on sale every week in Britain
UK to double number of drones in Afghanistan
Muslim Brotherhood may go back underground to survive Egyptian military crackdown
New video shows officers standing by in hallway during Vegas mass shooting
Judge calls D.C. police officer charged with child sexual abuse a ‘danger’
Florida growers leery of cost of FDA's new food safety rules
Why Did It Take a Sex Scandal to Topple the DEA Chief?
Here's What Happened When Google Went Public
Russia Will Probably Hold Rates After Surprise Inflation Jump
Ron Paul on Stossel: FEMA Causes More Harm than Good
Talk of the Day -- Bitcoin to be introduced in Taiwan
A ‘White Racism’ class just started at a Florida university
Feinstein Gun Control Bill to Exempt Government Officials
Use commemorative coins to pay down deficit, lawmakers suggest