By Matt Mackowiak | Commentary, TownHall.com
The road to retirement hinges on two distinct paths: building upon the progress we’ve achieved over the past 50 years or transitioning to a fully government-run system.
Americans have suffered in recent years with less money in their pockets amid a struggling economy, and with that struggle comes strong uncertainty about the future of their retirement.
The media has painted a grim picture of America’s retirement prospects despite the fact that Baby Boomers are the richest retiring generation in U.S. history, and young people are saving earlier than any generation before them. Far-left politicians like Sen. Bernie Sanders (I-VT) are capitalizing on the fear-mongering to push a partisan agenda demanding greater government control of Americans’ pocketbooks and trying to hamstring Americans’ 401(k)s.
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