retirement apocalypse
'Robo-Savers' Will Prevent a Retirement Apocalypse
Americans have a pressing problem: Nobody is saving money. Consider this: One out of every three people has a grand total of zero dollars saved, and 63 percent of Americans do not have enough money saved to cover an unexpected 500 expense. That s bad enough, but these folks are also going to live a lot longer than prior generations all these people drinking kombucha and eating kale chips aren t saving anywhere near enough to pay for the long, long lives they have ahead of them. So, what should we do? Should we put more pressure on employers to nudge their employees into retirement accounts?