Millions of Americans are facing their own personal fiscal cliff, with half of middle class investors saying their most important day-to-day financial concern is paying the bills, never mind saving for retirement, according to a survey from Wells Fargo.
“This is a real wake-up call,” said Laurie Nordquist, co-head of Wells’ Institutional Retirement and Trust unit. “Millions of middle class Americans really are potentially facing a retirement where they could be living in poverty.”
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access