John Roberts
👤 SpeakerAppearances Over Time
Podcast Appearances
Almost half of all the respondents say, I don't think I'm going to be prepared for retirement when the time comes.
And then almost half say, and I don't think I'm going to have enough for as long as I expect I'm going to live in retirement.
Americans typically think they'll need close to one and a half million dollars to retire comfortably.
John Roberts is Northwestern Mutual's chief field officer, and he says 48 percent think it's likely they'll outlive their savings.
Respondents also worry whether Social Security will still be there when it's their turn to retire.
Projections from the Congressional Budget Office indicate, as of now, Social Security's trust fund for benefits may run out in 2032.
It's a wild guess, but there is some science involved in it.
Americans typically think they'll need close to one and a half million dollars to retire comfortably.
John Roberts is Northwestern Mutual's chief field officer, and he says 48 percent think it's likely they'll outlive their savings.
Respondents also worry whether Social Security will still be there when it's their turn to retire.
Projections from the Congressional Budget Office indicate, as of now, Social Security's trust fund for benefits may run out in 2032.
It's a wild guess, but there is some science involved in it.
Well, starting with that theory, you obviously put a lot of weight on subject to the jurisdiction thereof.
But the examples you give to support that strike me as very quirky.
You know, children of ambassadors, children of enemies during a hostile invasion, children on warships.
And then you expand it to the whole class of illegal aliens are here in the country.
I'm not quite sure how you can get to that big group from such tiny and sort of idiosyncratic examples.