Retirement Now Seen as a Miracle for Many Due to Inflation and Lower Life Expectancy

Nearly half of Americans say achieving retirement security will now take a miracle, up from 40% two years ago.
Inflation is the top concern, with 84% saying recent activity shows it threatens retirement security.
While the U.S. overall retirement score improved, it fell in the rankings due to high inflation, debt, and lower life expectancy.
48% expect tough choices like living frugally, working longer, or moving somewhere cheaper.
It's important to critically evaluate how inflation may impact your retirement needs and savings strategy.

cnbc.com

Relevant topic timeline:

8/21/2023

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9/29/2023

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Posted 9/13/2023, 6:50:02 PM