Americans Can’t Afford Retirement. Here are 8 Ways to Fix it.

Fast Company: Americans Can’t Afford Retirement. Here are 8 Ways to Fix it.  (May 8, 2019)

Around half of Americans approaching retirement have no retirement savings. This is due to declining wages and pensions, high housing and health care costs, longevity, and myriad other reasons. There is no single solution, but there are actions businesses and policy makers can take that would help. One is to pay people more. “The fact that wages have been so stagnant for the middle class has really impacted the ability of people to save,” said Kevin Prindiville, Justice in Aging’s Executive Director, who was interviewed for the article. Creating more ways for people to saved, expanding Social Security, Medicare, and Medicaid, and creating more affordable housing are other solutions Justice in Aging proposes in the article.

Vanessa Barrington

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