Retirement savings gap could cost US government $1.3 trillion
Shortfalls in individuals' nest eggs will mean higher public assistance costs, decreased tax revenue, lower household spending and a decline in standards of living, a study finds.
America’s retirement crisis could cost the federal and state governments an estimated $1.3 trillion by 2040, according to a new analysis.
Inadequate retirement savings will result in higher public assistance costs, decreased tax revenue, lower household spending and a
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