January 28, 2014
SO WHY NOT START THEM AT BIRTH AND FUND THEM FOR KIDS?:
Retirement prospects are fairly good for people with 401(k) plans (Walter Hamilton, January 22, 2014, LA Times)
People with access to 401(k) plans for at least 30 years will likely have enough money for a reasonably comfortable retirement.That's the upshot of a new study measuring how Americans will fare in retirement.The combination of Social Security benefits and 401(k) savings will provide most people with at least 60% of their inflation-adjusted pre-retirement annual income, according to the analysis by the nonpartisan Employee Benefit Research Institute.
Posted by Orrin Judd at January 28, 2014 5:35 PM