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7 Reasons Your Retirement Might Be in Jeopardy
Posted By Tamara Lytle On January 15, 2013 @ 12:00 pm In Washington Watch | Comments Disabled
Feeling uneasy about ever getting the middle-class retirement you planned on? Trust your instincts.
The nation’s middle class is taking a beating, according to new reports  by the AARP Public Policy Institute. Just how bad is it?
“The decline of the middle class threatens our ability to fund health and retirement programs, to maintain a safety net for the most vulnerable and to invest in our future,” says AARP CEO A. Barry Rand .
Most Americans consider themselves “middle class,” so it’s little wonder that both Democrats and Republicans frame their positions on issues in terms of how they would help that group. Here are seven of the most troubling facts from the AARP reports that Washington lawmakers should pay attention to.
Photo: Lynn Johnson/National Geographic Creative/Getty Images
Article printed from AARP: http://blog.aarp.org
URL to article: http://blog.aarp.org/2013/01/15/7-reasons-your-retirement-might-be-in-jeopardy/
URLs in this post:
 new reports: http://www.aarp.org/research/ppi/security/
 Image: http://blog.aarp.org/wp-content/uploads/2013/01/200-white-picket-fence-declining-middle-class.jpg
 says AARP CEO A. Barry Rand: http://www.aarp.org/politics-society/advocacy/info-01-2013/middle-class-security.html
 will fall to “low income”: http://www.aarp.org/content/dam/aarp/research/public_policy_institute/security/2013/building-lifetime-middle-class-security-AARP-ppi-sec.pdf
 live on just 73 percent: http://www.aarp.org/content/dam/aarp/research/public_policy_institute/security/2013/retirement-prospects-middle-class-summary-AARP-ppi-sec.pdf
 steepest increases among those 50 and older: http://www.aarp.org/content/dam/aarp/research/public_policy_institute/security/2013/middle-class-balance-sheet-1989-2010-summary-AARP-ppi-sec-pdf.pdf
 Americans 50 and older had the most: http://www.aarp.org/content/dam/aarp/research/public_policy_institute/security/2013/older-americans-and-credit-card-debt-summary-AARP-ppi-sec.pdf
 financially secure fell by 38 percent: http://www.aarp.org/content/dam/aarp/research/public_policy_institute/security/2013/tracking-the-decline-middle-class-in-the-2000s-summary-AARP-ppi-sec.pdf
 spent 51 percent more on health care: http://www.aarp.org/content/dam/aarp/research/public_policy_institute/security/2013/impact-of-rising-healthcare-costs-summary-AARP-ppi-sec.pdf
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