A Retirement Crisis?

I saw this very interesting article on CNBC today called, “America’s looming retirement savings crisis“. It certainly is true for the masses that savings have and largely are lagging for most retirees – especially considering how many boomers we should see retiring in the next several years. The old adage still holds true – save more, spend less. What is interesting though is that when we think about what drives our GDP domestically it is consumer spending. So we need everyone – including US and non-US individuals to spend in order to support our growth. That growth in turn is necessary in order to provide returns, appreciation, and yields to investors. That in turn then is used to support retirement income needs and spending. Quite the interesting cycle when you think about it.



Get In Touch

Share On Social Media

Other Recent Blog Articles

Brian Johnson

June 2020 Market Commentary

June 1, 2020

By Brian Johnson, Viridian Chief Investment Officer and Shareholder June 1st, 2020 Summary:  Markets appear to be decoupled from the economic realities that we face. The bear market in the…

Read More

Replay of our Live Update

April 8, 2020

Please click here to access a replay of our live update from April 8th, 2020 Print Friendly

Read More

Replay of our Coffee Chat

April 3, 2020

To access a replay of our Live Update and Q&A please click here. Print Friendly

Read More