Lower Returns Require Lots More Savings
A combination of low bond returns and longer lifespans means workers need to increase their savings rate by at least 40% to support their lifestyle after they’ve retired, says Wealth Management.
The publication cites a research paper by experts at Morningstar and The American College of Financial Services.
Barron's, "Lower Returns Require Lots More Savings" (2017). In the News. 2132.