Tag: private sector saving

Close up of stacking gold coins written IRA on nature background and natural lighting

Retirement needs are increasing as people live longer and face skyrocketing health care costs.  Meanwhile, retirement resources are declining as Social Security will replace less of pre-retirement earnings even under current law, employer-sponsored plans are increasingly 401(k) plans with modest balances, and people save little on their own.  As a result, retirees will have a…