Economist/Buttonwood: Many unhappy returns.
“What is true of American pension funds is true of anyone planning for their retirement: they will need to save more. But the average payment into a defined-contribution pension scheme (from employer and employee combined) is just 10% of salary. That is not going to pay for any world cruises.”
Comments:
There are no comments at this time for this entry.
Commenting is not available in this weblog entry.
<< Previous entry: Guardian.UK: Mysterious Phoenix highway shootings put drivers and police on high alert.
Next entry: Guardian.UK: Serena Williams’ US Open loss does not tarnish an awe-inspiring year. >>
Next entry: Guardian.UK: Serena Williams’ US Open loss does not tarnish an awe-inspiring year. >>