[C19fan]

Unlike the Aesop fable the grasshoppers can vote to take from the ants.

[Governor Dinwiddie]

Social Security has really let down all the low-information voters. They've been taking people's money all their lives and should have invested it into some type of growth fund.

There are a lot of idiots who would rather have a $60K bass boat than a secure retirement. All the money people spend on Chinese trinkets and electronic junk should have been invested instead.

[Vaduz]

Indeed to much play time has a hell of a price to pay.

[FreedomPoster]

Yes, I’ve been thinking about this lately. How do you protect assets from legal plunder?

[GrandJediMasterYoda]

Well when you are supporting foreign invaders, it's hard to save money.

From California.........

[vette6387]

Just like their country!!

[PGR88]

78% of internet statistics are over 90% manufactured

[Opinionated Blowhard]

About 42 percent of Americans have less than $10,000 saved for when they retire.

This is a little deceiving. It includes everyone in the workforce, including 20 year old kids. At 20, I had less than $10,000 saved for retirement. With respect to anyone who is over 50 with less than $10,000 saved, God help them. They should have planned better.

[cymbeline]

Half of the world’s population will never reach that status we call retirement.

[Presbyterian Reporter]

“””About 42 percent of Americans have less than $10,000 saved for when they retire”””

---

I read the article and nowhere did I find which age groups had less than $10,000 saved.

If 42 percent of Americans (ABOVE THE AGE OF 50) have less than $10,000 saved for when they retire, THEN THAT IS A PROBLEM.

On the other hand if most of the 42 ‘percenters’ are age 18 to 40, then not so big a deal.

Sloppy analysis by CNBC. But what is to be expected from a leftie trying to push an agenda.

[RayChuang88]

The answer is simple: end the taxation on bank account interest and stock dividends. Once that happens, people can save for “nest eggs” essentially tax free, and you would see so many people go this route that it could even reduce the pressure on Medicare and Social Security down the road.

[moehoward]

What’s this “retiring” ?

[SparkyBass]

2nd half of the headline is missing...

“... which is why the Government wants your 401K to redistribute”

[okie 54]

Thank a Democrat for being broke

[Old Teufel Hunden]

"The No. 1 reason most people cited for not stashing more away was because they didn't earn enough to save, followed by the fact that they were already struggling to pay bills, GoBankRates said."

Wonder how many of these people have iphones, a big house, all the latest gadgets etc.... Sure, they were struggling to pay the bills because they didn't live within their means.

[Huskrrrr]

We’re in the process of selling our house in silicon valley, taking the money, buying a much cheaper house up north and banking the rest. We’ll both work, at least part-time, in the future. I get Medicare next year.

[cranked]

I see the lack of originality in reporting still plagues the lamestream media.....

This information was posted by PolitiFact ......in 2015.
http://www.politifact.com/texas/statements/2015/apr/09/bernie-s/bernie-sanders-says-half-americans-have-less-10000/

[Moltke]

The smart plan is to be broke when you die, not when you retire...

[taxcontrol]

I am of the opinion that if the US goes broke, then 100% of the citizens are at risk of going broke as well.

[DoodleDawg]

About 42 percent of Americans have less than $10,000 saved for when they retire, according to a study by GoBankingRates released Tuesday.

How many of those people are decades away from retirement? Or only a few years out of school?

[Albion Wilde]

Two FR threads with more than 150 replies each:

02/04/18: Many older Americans are living a desperate, nomadic life

11/20/17: Many older Americans are living a desperate, nomadic life