Reported about 8 hours ago
A recent analysis reveals that affluent households often overestimate their retirement readiness, with 32% of high-income earners mistakenly believing they are adequately prepared. This research from the Center for Retirement Research at Boston College indicates that many high earners lack a realistic assessment of their financial situation and the retirement assets needed for a secure future. It highlights the importance of proper financial planning and awareness of factors like housing debt and retirement savings that may lead to complacency.
Source: YAHOO