Comments on: Failing to Save for Retirement Has Consequences http://investing.curiouscatblog.net/2011/02/20/failing-to-save-for-retirement-has-consequences/ Fri, 24 Apr 2015 01:18:29 +0000 hourly 1 http://wordpress.org/?v=4.2 By: John Hunter http://investing.curiouscatblog.net/2011/02/20/failing-to-save-for-retirement-has-consequences/comment-page-1/#comment-5460 Sun, 27 Feb 2011 13:18:24 +0000 http://investing.curiouscatblog.net/?p=1164#comment-5460 They may have tried to get people to accept the 10% figure, however, over 80% of the population (probably much more) didn’t even do 10%. For nearly everyone, if they had put aside 10% for retirement they would be much much much better off than they are today.

10% is much better than what the vast majority of people have done. And no one figure is ever going to work for the savings everybody needs to set aside. There are all sort of important ideas not captured (at retirement, if you own your house, free and clear that is much different than if you are renting) in that figure.

]]> By: Evan http://investing.curiouscatblog.net/2011/02/20/failing-to-save-for-retirement-has-consequences/comment-page-1/#comment-5450 Mon, 21 Feb 2011 20:32:17 +0000 http://investing.curiouscatblog.net/?p=1164#comment-5450 The problem is that for the past 25 years the main stream media just pushed that 10% number down the throats of Americans based on an old study…and once it is doctrine it is really hard to get anyone to believe otherwise.

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