This is frightening.
A report from GoBankingRates reveals that 58% of Americans aged 65 and above possess $100,000 or less in their 401(k) accounts.
This is frightening.
A report from GoBankingRates reveals that 58% of Americans aged 65 and above possess $100,000 or less in their 401(k) accounts.
Hard to say. I think that many people 65 and older have pensions. It's the next generation that will be more screwed if they don't have large 401k balances (or other investments) as pensions are becoming a thing of the past.