If the three-legged stool of retirement income relies too heavily on only one leg, it will be wobbly and will not provide reliable and stable retirement income. Which leg is currently providing insufficient retirement income for most households?

Question

Quizplus · Accepted Answer

Private savings are often insufficient for most households, leading to an over-reliance on Social Security and employer retirement plans for retirement income.

If the Three-Legged Stool of Retirement Income Relies Too Heavily