Here’s why the $39 trillion U.S. retirement system gets a C+ grade
Written by Black Hot Fire Network on September 19, 2022
Siriporn Wongmanee / Eyeem | Eyeem | Getty Images
The U.S. retirement system may seem flush — yet it ranks poorly in relation to those in other developed nations.
Collectively, Americans had more than $39 trillion in wealth earmarked for old age at the end of 2021, according to the Investment Company Institute.
However, the U.S. places well outside the top 10 on various global retirement rankings from industry players, such as the