10/26/2015 – Baby Boomers Hugely Underestimate What They Need for Retirement
A new survey from BlackRock on attitudes about money and financial goals found Americans are holding nearly twice as much cash as they think they ought to in order to reach their retirement goals. Fewer than a quarter of them regularly set aside money into long-term savings or investment plans—yet 74% said they feel financially secure and “prepared to pursue their dreams.”
Read the full article at The Wall Street Journal.
