There is a debate raging among economists these days. What are the underlying reasons why Americans are not saving nearly enough to fund their own retirements? Some argue that we are not good at planning for the future. Others argue that we are bad at predicting the likelihood of expensive events – like medical emergencies or job loss.

But for many, the blame lies not with the savers, but with the world around them. The days of employer-sponsored pensions are long gone. Economic and other policies in the US have failed to respond by taking care of individual American’s futures, leaving a greater burden on each of our shoulders.

For more, you can read the full article here.

Leave a Reply

Your email address will not be published. Required fields are marked *