For millions of Americans over 50, retirement no longer feels like a reward after decades of work. Instead, it feels like a financial cliff approaching faster than they expected. A troubling AARP survey found that 20% of adults age 50 and older have no retirement savings at all, while 70% worry inflation and rising prices will outpace their income. Those numbers are raising serious concerns about how older Americans will afford housing, groceries, healthcare, and long-term care costs in the years ahead.
If you are already retired or looking to retire in the next few years, you should be aware of the numbers and what retirement is looking like for more Americans today.
