Thursday, May 18, 2023

'Not a viable solution': Economists say working longer won’t cure US retirement crisis

The wingnuts' preferred method for dealing with the United States' looming retirement crisis—telling older workers to keep toiling until they've saved enough to stop—is "not a viable solution," says a report published Wednesday.
"Millions of people are entering their retirement years with insufficient savings to cover basic expenses and medical bills," the new analysis from the Economic Policy Institute (EPI) notes. "In response, some policymakers have proposed that older Americans could delay retirement to increase their savings."
'Not a viable solution': Economists say working longer won’t cure US retirement crisis

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