"At 77 He Prepares Burgers Earning in Week His Former Hourly Wage"
September 30, 2013
Amidst the mostly sad story of a former corporate executive is this:
Yet 59 percent of households headed by people 65 and older currently have no retirement account assets, according to Federal Reserve data analyzed by the National Institute on Retirement Security.
Yikes. Is this an artifact of a too-narrow definition of "retirement account assets"? If not, could it be that many of these people thought Social Security would be enough?