The article has been automatically translated into English by Google Translate from Russian and has not been edited.
Переклад цього матеріалу українською мовою з російської було автоматично здійснено сервісом Google Translate, без подальшого редагування тексту.
Bu məqalə Google Translate servisi vasitəsi ilə avtomatik olaraq rus dilindən azərbaycan dilinə tərcümə olunmuşdur. Bundan sonra mətn redaktə edilməmişdir.

Most retired young Americans will be poor

According to a new study, two-thirds of the American youth, or how else they are called “milleniali”, did not save a penny for retirement.

Фото: Depositphotos

The study showed that 66 percent of youth aged from 21 to 32 years did not have enough stock for retirement, and those who do not, almost do not survive.

Researchers at the National Retirement Institute call the data “a very disturbing retirement.”

Although many factors contribute to this, the disadvantage is mainly due to low wages and unauthorized participation in employer-sponsored retirement plans.

In the US, there are about 83,2 million millennials, which is the largest, most educated and most diverse generation in US history.

Most of those who have generally postponed for retirement have less than $ 20 000, despite the fact that the average balance is $ 67 891.

The study showed that only 14 percent is set aside for retirement. In this age range, the most precarious situation among working Latin Americans. About 83% of Latin Americans did not set aside anything for retirement.

However, in all racial and ethnic groups, more than nine out of ten minnelials participate in employer-sponsored retirement plans, if they are eligible to participate.

Retirement plans approved by the employer remain the most important means of providing retirement income after social insurance, the study says.

However, it is estimated that 55 of millions of American workers of all generations do not have access to this retirement plan sponsored by the employer.

The future looks bleak in terms of the savings of both millennials and generations, which may face additional cuts in social insurance.

According to a study, twenty-one percent of millennials are already worried about safe retirement.

In addition, about 47 percent are concerned that they will not be able to retire when they want, and 67 percent are worried that they will outlive their retirement savings.

Read also on ForumDaily:

Pension in the USA: how and on what do Russian emigrants live

What kind of pension will I receive in America

Pension in the USA: a complete guide on how to secure a decent old age in America

Moving to the USA: work, pitfalls and the American dream

Registration in the USA: is it possible to live in America without documents?

5 US Social Security Secrets to Avoid Poverty

Miscellaneous In the U.S. pension minnelials
Subscribe to ForumDaily on Google News

Let's face the crisis together and support each other

Thank you for staying with us and trusting! Over the past 5 years, we have received a lot of grateful feedback from readers, whom our materials have helped to arrange life after moving to the United States. We have big plans, we do not want to stop or slow down the pace of work. Even now…

The COVID-19 pandemic has negatively affected our income, and in order to stay afloat, we have to ask YOU for support. We will be grateful for any amount and will make every effort to continue to publish news and a lot of useful information just as quickly.

Thank you for being with us!

Always yours, ForumDaily!

Security of contributions is guaranteed by the use of the highly secure Stripe system.

Do you want more important and interesting news about life in the USA and immigration to America? Subscribe to our page in Facebook. Choose the "Display Priority" option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram - there are many interesting things. And join thousands of readers ForumDaily Woman и ForumDaily New York - there you will find a lot of interesting and positive information. 

1121 requests in 2,400 seconds.