PREMIUM: RETIREES ON TRACK

August 6, 2014
As it’s the summer fund raising season on public television, this week we are revisiting an interview with two top personal finance journalists, both now at The Wall Street Journal. Jonathan Clements and Jason Zweig tackle the three greatest financial challenges facing Americans. Watch the episode here.
New this week, we are sharing some interesting research on retirement saving. It’s from a recent T. Rowe Price survey, and they learned that recent retirees with 401 (k)s feel on track to meeting their financial goals. Some of their key findings are the that retirees are living on less – on average, around 66% of their pre-retirement income. However, nearly 60% report that are living as well or better than when they were working, and almost 90% are reasonably satisfied with retirement so far. Most think that are better off compared with how their parents fared in retirement.

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