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Only small fraction (2.5%) of retirees rely on their 401(k) plans as a single source of income. The majority relies on social security. High inflation will affe
by woobar 5y ago
Only small fraction (2.5%) of retirees rely on their 401(k) plans as a single source of income. The majority relies on social security. High inflation will affect many more people, and not just retirees.
[1] https://www.cnbc.com/2020/01/17/heres-where-most-americans-are-really-getting-their-retirement-income.html https://www.cnbc.com/2020/01/17/heres-where-most-americans-a...