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    1. Millions of Americans face poverty in retirement

      Millions of Americans face poverty in retirement

      Millions of Americans face poverty in retirement By Kate Randall 25 June 2018 Americans are reaching retirement age in worse financial shape than the prior generation for the first time since the 1950s. According to an analysis published Saturday by the Wall Street Journal , those who should be entering their “golden years” have seen their median incomes stagnate and even decrease, reversing the pattern that had prevailed since the post-World War II Truman administration.

      Not surprisingly, the situation facing millennials—ages 18-34—is even bleaker. Fifty-seven percent have $10,000 or less saved for retirement, and 18 percent have zero saved.

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