Projection of the American ageing population
Yesterday, GOOD issued an infographic of America’s Aging Workforce (reproduced below). One of the key learning I take from it is that many Americans are unprepared for retirement. Indeed, the average American worker has saved $25,000 for retirement but it is estimated she/he will need $350,000 if she/he wishes to retire at 65 (i.e. 14 times more money!). I was also wondering: after China and Belgium, how will the population age in the USA? ...