- Posted May 16, 2012 by
This iReport is part of an assignment:
Women and the economy
- My Ten Sense: What to do when your money is low
- My Ten Sense: Making more money isn’t the answer
- My Ten Sense: 6 keys to couples happily managing their money
- My Ten Sense: Prepare your children so they don’t ask for handouts
- My Ten Sense: 10 things college students should know from student loans to landing their dream job
My Ten Sense: Half of Americans are wise to skip retirement savings
I recently read a study that 49% of Americans aren’t saving any money toward their retirement.
That’s not shocking at all when you consider a U.S. Census in December revealed that 48% percent of Americans are considered poor or low income.
Given these circumstances, I think it’s wise that half of Americans aren't saving for retirement when they are struggling to get by day to day and paycheck to paycheck.
Find out what Americans should be doing with their income and important changes to Social Security on my blog, http://mytensense.com/2012/05/half-of-americans-are-wise-to-skip-retirement-savings/.