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.: March 2006 --> US Savings Lowest Since Depression

US Savings Lowest Since Depression

» For the first time since the Great Depression, the US savings rate is in negative numbers. "A lot of us are approaching retirement and a lot of us are approaching it with much too little saved up. They're either going to depend on Social Security, which is hardly a good bet given the state of the federal government's finances, or they're going to be taking early retirement at the age of 75." David Wyss, an economist with Standard and Poor's.

I found the 3 questions the Kinder Institute of Life Planning ask their clients to be interesting:


 [ 03.09.06 ]




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