Financial Focus: Strengthen your ‘three-legged stool’ for retirement
Financial Focus: Strengthen your ‘three-legged stool’ for retirement
Jun 23, 2022
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Retirement saving is a 'three-legged stool,' expert says
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For much of the 20th century, the American retirement system relied on what economists call the three-legged stool: Social Security, employer pensions and personal savings. But one of those legs, Social Security, has a looming funding shortfall that has left some workers concerned about what kind of retirement benefits they may receive. As workforce demographics shift, the cost burden of Social Security on each worker increases. Read more: cnb.cx/4mOQugS | CNBC
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