Your Retirement on WYPR
Here is a shocking forecast. Nearly half of middle class Americans face a slide into poverty as they enter retirement – this according to a recent study conducted by the Schwartz Center for Economic Policy Analysis at the New School. The risk of losing middle class status in retirement has been driven by a number of factors, including depressed earnings and rising health care costs. This is causing 74 percent of Americans to plan to work past traditional retirement age.
Your Retirement on WYPR
Sliding Into Poverty After Retirement
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