Tag: saving for retirement

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Saving for retirement is a good thing and apparently one of the few issues that can garner bipartisan support in a fractured Congress.  Most recently, the House passed the “Securing a Strong Retirement Act of 2022” – affectionately known as SECURE 2.0 because it builds on SECURE legislation enacted in 2019. Even though a CNN…

Calculating savings on phone

The brief’s key findings are: The National Retirement Risk Index framework is used to address how much working-age households need to save for retirement. A typical household should get a third of its retirement income from a savings plan, with the low income needing one quarter and the high income one half. A typical household…