Today,most Americans over the age of 65 have adequate savings and income available to them during retirement.

Question

Quizplus · Accepted Answer

According to a 2019 study by the National Institute on Retirement Security, 66% of working households ages 55-64 have retirement savings that are less than one times their annual income. Additionally, Social Security is the only source of income for about 1 in 5 older Americans. Therefore, it is not true that most Americans over the age of 65 have adequate savings and income available to them during retirement.

Today,most Americans Over the Age of 65 Have Adequate Savings