
Parents Have No Retirement Savings
You finally did the math, or your mother let something slip over dinner, and now you know: your parents are heading into retirement with almost nothing saved. Maybe a few thousand dollars, a mortgage, some credit card debt, and Social Security as the only income on the horizon. They have started hinting. Or they have asked. And every piece of retirement advice you can find is written for the saver...
You finally did the math, or your mother let something slip over dinner, and now you know: your parents are heading into retirement with almost nothing saved. Maybe a few thousand dollars, a mortgage, some credit card debt, and Social Security as the only income on the horizon. They have started hinting. Or they have asked. And every piece of retirement advice you can find is written for the saver...
