Reported about 1 year ago
TIAA Chief Administrative Officer Derek Ferguson highlights the alarming reality of the retirement crisis in America, with 40% of Americans facing financial difficulties in retirement. He discusses the three major gaps in retirement planning: access, savings, and guarantee, emphasizing the importance of taking proactive steps to secure financial stability. Ferguson provides valuable insights on ensuring a secure financial future, addressing the disparities in retirement planning among different demographics and urging individuals to start saving early to benefit from compound interest.
Source: YAHOO