Mass Affluents Are Saving Less, Betting on an Inheritance That May Never Arrive
Mass affluent Americans are saving less in anticipation of an eventual inheritance, a pattern researchers warn represents a genuinely dangerous gamble given longevity risk and long-term care costs. Meanwhile Americans now say they need $1.2 million to retire, and new DOL rules open 401(k)s to alternative investments. Here’s what it all means.
Read more


