The reforms I have in mind will actually increase their retirement income.
There is a major gap between retirement income and needs.
That means most people need to save for an additional 15 years of retirement income.
But it might also increase pressure on the Government to provide retirement income and health insurance directly.
Al and June will be provided with a retirement income for the rest of their lives.
Social Security was designed to provide a portion of retirement income.
They have retirement income of at least $40,000 a year, and often more than $60,000.
Your retirement income may well depend on whether you start a new career.
Because of a limited retirement income, I would need a situation which offered room and board.
This is important for people who have significant retirement income.