Wednesday, November 16, 2005

Social Security debate making people save?

A survey from Transamerica released today says "the ongoing national dialogue surrounding Social Security may be making a strong impact on Americans'
attitudes and behaviors towards retirement savings, resulting in workers
saving more and employers placing higher value on retirement plans." I do know more young people who are saving in 401(k) plans, something I never considered until my 30s...which is why I expect to be working until 75. (That and being a "rapidly aproaching 50" father of a 6-year-old.)

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