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Credit increased savings is something that doesn’t get talked about enough for American investors who want to be better prepared financially for retirement.
In fact, according to Fidelity Investments’ latest biennial Retirement Savings Assessment, the typical American household is on track to have 83 percent of the income they’ll need over the course of their expected retirement years – with about half in even better shape than that. To put this into perspective, fifteen years ago, when the assessment was first conducted, the projected figure was a bleaker 62 percent
Good article