Friday, January 11, 2013

Poll Results: 1 in 4 Never Expects to be Able to Afford to Retire

Thanks to everyone who answered the poll on when you have or expect to be able to retire. The biggest takeaway is that 1 in 4 never expect to be able to retire.



Full results:



Retire before 65: 20%

At 65: 20%

At 70: 20%

At 75: 4%

Over 75: 8%

Never: 25%



(Total does not equal 100 due to rounding.)



This underscores just how dire our retirement crisis will be. As I explained in my last post, the decline in defined benefit pensions from 38% of private sector workers in 1980 to 20% in 2008 means that Generation X will be particularly vulnerable to poverty in retirement, yet Republicans want to kill Social Security and Medicare. We see their efforts as well to eliminate defined benefit pensions for public sector workers.



Baby boomers, especially younger ones, will not be exempt from the crisis. But Generation X and beyond will be the hardest hit. More on the retirement crisis soon.

1 comment:



  1. Medical assistants must be equipped with good communication skills. As they are
    essentially the connecting link between patients and physicians, it is important
    for medical assistants to develop soft skills that make the patients feel welcome
    and comfortable in a place they don’t really want to be in. Interacting with patients
    and their families, providing them all the information they would need in order to e
    ase their apprehensions, displaying empathy and understanding the delicacies of
    communication in a dispiriting hospital environment, are skills that practices
    are imploring their medical assistants to imbibe and develop.


    medical assistant
    medical assistant classes
    medical assistant certification
    medical assistant programs
    medical assistant school
    medical assistant courses
    medical assistant courses online
    medical assistant classes online


    ReplyDelete