S&P 500 May Have Another 24% to Fall, 150 Years of Market History Shows
Here’s how much the average working boomer has saved for retirement
Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much, or little, they have saved for retirement. Less than half of those surveyed have saved $100,000: Not even close to enough to support a median income of around $40,000 a year in retirement.