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Retirement Insecurity

Each year Boston College's Center for Retirement Research updates its research on retirement insecurity.  Their most recent update shows that retirement insecurity increased in 2020, and that 51% of U.S. households are now at risk of being unable to maintain their standard of living in retirement.  That is up from 49% in 2019, and 40% in 2007.  The reasons for the long-term increase in households at risk include a rise in the age people can claim social security, job loss and reduced income available on savings.  Financial planning is more important than ever!

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck