Quote:
Originally Posted by Keefelane66
Less than 40% of working individuals are invested in retirement plans like 401k’s or IRA’s. Only 21% of working people are covered by Company pension plans.
Gratification for most is purchasing the latest greatest tv than investing money or savings.
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Unfortunately, this is true! For working folks, at least the government is looking out for you as you retire and regain some benefits even though they are yours to begin with. Money management should be a required high school course to help others understand the way to invest so that your social security payments are a perk rather than a necessity for your retirement survival. Thankfully this program is in place no matter what it’s called or we could have a mess of a society keeping the uninformed functioning without a form of forced savings such as social security.