40% of the American middle class face poverty in retirement, study concludes
Nearly half of middle-class Americans face a slide into poverty as they enter their retirement, a recent study by the Schwartz Center for Economic Policy Analysis at the New School has concluded. That risk has been driven by depressed earnings, depressed asset values and increased health-care costs — causing 74 percent of Americans planning toRead more about 40% of the American middle class face poverty in retirement, study concludes[…]