Pages

Search This Blog

Monday, August 6, 2012

Study: Many Americans die with 'virtually no financial assets'

Study: Many Americans die with 'virtually no financial assets'

It is a central worry of many Americans: not having enough money to live comfortably in old age. Now an innovative paper co-authored by an MIT economist shows that a large portion of America’s older population has very little savings in bank accounts, stocks and bonds, and dies “with virtually no financial assets” to their names.

No comments: