In the United States, 10,000 people are retiring per day. By 2030, the population will consist of 17 million people aged 65 and older. Despite these growing numbers, many seniors lack adequate retirement savings, resulting in a risk of downward mobility among the elderly population.
On July 26, 2013, the AARP and U.S. Chamber of Commerce hosted a forum to discuss and shed light upon this issue. Together, the two organizations issued a joint statement calling the President and Congress to mobilize policies that would result in more retirement saving. Specifically, AARP and the U.S. Chamber highlighted the importance of the following:
In addition to the statement, several panels further emphasized the need for policy changes to implement these suggestions and ultimately lead to more awareness and greater overall savings. Speakers included Putnam Investments CEO Bob Reynolds and several other distinguished panelists.
View the forum in its entirety
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