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A Bleak Picture Of Retirement Savings

As indicated by writer Nir Kaissar, the Government Accountability Office recently updated its sweeping 2015 report on retirement security in America.  The new numbers offer no more comfort than the old ones.  The most worrisome figures remain stubbornly consistent.  Nearly 30 percent of households aged 55 years and older have no retirement savings and no pension. 

Anirban tells us more.

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.