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Savings Rate Best Explains "Retirement Crisis"

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DarkandStormy:
https://finance.yahoo.com/news/one-variable-best-explains-retirement-crisis-144546566.html

The one variable that best explains the retirement crisis


--- Quote ---As returns in the markets grew stronger throughout the ’80s and into the ’90s the savings rates continued to plunge. After a sharp rise following the financial crisis, it’s once again on the decline. If I had to point to one variable that could explain why so many are so ill-prepared for retirement it would be this.
--- End quote ---

A retirement article that actually mentions savings rate, imagine that.

talltexan:
But doesn't failure to save come from unplanned expenses appearing? Baby boomers would have been able to save more if housing and educating their children hadn't turned out to be much more expensive than they anticipated because of the long-term moderation in interest rates.

Joeko:
Made the mistake of reading some of the comments...Wow a lot of complainypants

Roland of Gilead:
On a side note, do you think it is best to say Savings Rate or Saving Rate?

Is it a bank saving account or a savings account?

Julie has $100,000 in retirement savings or Julie has $100,000 in retirement saving?

nnls:

--- Quote from: Roland of Gilead on August 05, 2017, 02:54:07 PM ---On a side note, do you think it is best to say Savings Rate or Saving Rate?

Is it a bank saving account or a savings account?

Julie has $100,000 in retirement savings or Julie has $100,000 in retirement saving?

--- End quote ---

Savings Rate, Savings Account.

I am Australian though, and we say maths not math so it may be a similar logic?

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