Appearances

Ready to Retire? Be Sure You Have the Funds, First

Posted by Jean

Do you have enough money saved for your retirement? New research from the Employee Benefits Research Institute says that many Americans, including Baby Boomers and Generation X-ers, will run out of money for their basic needs like rent and putting food on the table within 10-20 years of going into retirement. Regardless of your income, you could be at risk if you haven’t saved enough. Watch the clip below to see where you stand – and for some tips for saving to ensure a long and happy retirement.

Visit msnbc.com for breaking news, world news, and news about the economy