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Illustration by David Cowles

Hold On To Your Savings, Senior Citizens Are Dying Poor

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Retiring comfortably is no longer something we can count on. It’s not new information, but a recent study by the National Bureau of Economic Research really puts it into perspective:

More than 46% of senior citizens in the U.S. die with less than $10,000 in financial assets.

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1 Comments

  • Inspector Spacetime

    So, to derive that percentage, was the number of senior citizens driven to drill down assets to below 10,000, in order to qualify for Medicaid and its end-of-life/institutional living/home aid/hospice coverage, deducted beforehand?