40% of the American middle class face poverty in retirement, study concludes

• https://www.cnbc.com/2018/10/12/40percent-of-american-middle-class-face-poverty-in-retirement-study-says.html
• Published 9:01 AM ET Fri, 12 Oct 2018  Updated 6:43 PM ET Fri, 12 Oct 2018
• Some 40 percent of middle-class Americans are at risk of poverty in retirement, due to depressed earnings and asset values and increased health-care costs.
• Nearly three-quarters of workers now plan to work past traditional retirement age.
• Both workers and employers must focus on a fix: the former by saving more, the latter by ensuring that defined benefit plans are efficient and sufficient.
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• This is why I am trying to save money now, so that I won’t be broke going into retirement.