1 result for tag: Retirement Savings


SAVING FOR RETIREMENT

SAVING FOR RETIREMENT By Joyce Luedke The numbers are stark.  Few Americans have saved for retirement. Those with access to 401(k)’s have not saved enough.  " Sixty five percent of respondents to an August 2012 AARP survey said they worry they won't have enough to retire and 72% believe they will have to delay retirement." Social Security benefits represent about 38% of income for the elderly . Twenty-two percent of married couples and about 47% of unmarried people rely on Social Security for 90% or more of their income.  In 2014, 101,000 people 65 and older in Wisconsin claimed the Homestead Tax Credit.  (Dave Hansen's radio ...