FYI: The last week of February is “America Saves Week,” but you’re not going to celebrate it.
There won’t be cake in the office or television specials to watch. Were it not for articles like this one, you probably wouldn’t know it exists.
Moreover, if the effort — started in 2007 by the American Savings Education Council — was properly named, it would be called “America Doesn’t Save Enough Week.”
We are all schooled in the idea that there are lies, damned lies and statistics, but the truth when it comes to Americans and retirement savings is that most people are lying about where they fall in the statistics, and that there will be hell to pay when the truth finally comes out.
Regards,
Ted
http://www.marketwatch.com/story/5-lies-people-tell-themselves-about-saving-for-retirement-2015-02-20/print