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Everything Counts

Hispanic blogs are abuzz here and here with the latest about older Hispanics- they need Social Security and without it, more than half would be barely be able to have a decent standard of living (ie. poverty level). With companies running away from pensions obligations faster than a speeding bullet and folks not planning or saving for retirement, it makes reforming Social Security for generations to come even more important. It also makes it even more important to help people save for their future. Something like an automatic IRA would help people. Even if you saved as little as 1 percent of your salary, it adds up.
Update 3:40 PM: Original research here.

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