If Your 401(k) Balance Is Small or Non-Existent, Fret Not. A New Paper Justifies Low Retirement Savings.

Barrons | Apr 4, 2020 at 10:00 AM
  • Many people in the bottom half of lifetime earnings should spend their retirement wealth well before death and live on Social Security alone after that, a new academic paper says. It even says the lowest earners might find it best to not engage in retirement saving at all.