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this post was submitted on 28 Dec 2024
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United States | News & Politics
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Boomers have retirement savings? 🤔
https://www.investopedia.com/articles/personal-finance/032216/are-we-baby-boomer-retirement-crisis.asp
"Baby Boomers have an estimated median retirement savings of $194,000 as of late 2023, according to the TransAmerica Center for Retirement Studies. The survey found that though 44% if (sic) Baby Boomers have more than $250,000 in retirement savings accounts, 26% had less than $50,000 in retirement savings accounts and 10% had nothing saved.2"