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 ...