34% have $0 in savings: Americans’ money habits go ‘from bad to worse’, report finds

Ant And The Grashopper

And here will be the liberal solution: those who skimp and save for their retirement, they should have their savings taken and given to those who didn’t save. 

Think that’s not the case? They are suggesting means-testing Social Security. Those who put away extra savings for retirement should lose the Social Security that they paid in. 

Americans are dipping into their savings, if they have any, even more than they did last year, a new survey finds. Nearly 70 percent of Americans report having less than $1,000 in savings, and the pattern touches all age groups. 

Read Full Article

Right-Mind