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Reply to "Median Retirement Savings of Pre-Retirees is $17,000"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yeah, but having only $17K saved is NOT a good thing either. There are financial sites that can advise you on how much you need to be/should be saving. You don't need to rely on DCUM estimates - aim for what legitimate financial sites indicate you will need.[/quote] no kidding its not good enough. the point is that[b] most of america is not prepared for retirement.[/b][/quote] and whose fault is that? [/quote] I don't think this thread is about fault -- the point is that people in DC are somewhat out of touch. do you not agree? It may also become all of our problem when a great number of American are destitute in retirement. [/quote] A large number of these people already exist. There are elderly people living hand to mouth in the DC area. Some are taking care of their sick spouses with very, very limited outside support. [/quote]
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