Tuesday, July 31, 2007

Saving for retirement: Who's falling short

The Center for Retirement Research (CRR) estimates that

36 percent of high-income households - those with a median income of $117,000 - won't be able to live as well in retirement as they do today.

Among middle-income households, 40 percent are at risk of having to downsize.

While 53 percent of low-income households are likely to fall short.

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