If you believe the government needs to figure out a way to help you better fund your retirement, you probably should just skip this episode. On the other hand, if you'd like to hear us discuss a recent survey regarding retirement preparedness and how 80% of Americans believe the government needs to fix their problem, you're in for a treat.
Here are some other useful statistics from the survey results compiled by Greenwald & Associates for teh National Institute on Retirement Security (NIRS):
- The perceived “retirement crisis” is not a partisan issue– among the 800 people surveyed, 83% of Democrats and 72% percent of Republicans favor state-sponsored retirement savings plans for those who are not offered work sponsored plans.
- Government spending cuts that might lead to a reduction in Social Security benefits are highly unpopular as 76% said no to that suggestion.
- 80% of survey respondents say the average worker “cannot save enough on their own to guarantee a secure retirement”
- Making sure that Americans have a secure retirement should more of priority according to 88% of those surveyed.
Wow…just curious, what do you think about this? Please let us know.