The retirement crisis can push half of all Americans to the brink of financial ruin, according to a new survey. In today’s video, we will present this and some of the most important statistics and insights that everyone should know about the state of retirement in the United States. Today, millions of individuals in their 60s and 70s are experiencing financial insecurity.
A new survey conducted by Third Way showed that 36% of adults feel less prepared for retirement than their parents. Currently, only 47% of workers in America have access to a retirement plan at their job. Although safety nets such as Social Security and Medicare are offered to some U.S. retirees, none of these can cover a comfortable retirement, and there is no guarantee that they will be sufficiently funded until 2030.
We’re, in fact, in the first retiring generation in which more than half of the population doesn’t have a pension to cover part of their retirement costs. In other words, this is the first generation where the majority of Americans must rely on their own saving efforts to prepare for retirement. But at this point, 1 in 3 seniors are already facing a retirement crisis because they have no savings or are at risk of running out of money in the near future.
Meanwhile, 51% of consumers between the ages of 45 and 75 feel they do not have enough retirement savings to last their lifetime. And almost a third, or 32%, are not confident they will have enough money in retirement to cover basic monthly expenses.
Instead of achieving a comfortable retirement, most households in America are facing increasing distress and financial insecurity. While many families actually plan to swap the family house for a smaller one or to move to a less expensive community, when this is a choice, it can be an excellent way to boost your savings. But for many families, downsizing won’t just be an option. It will be almost mandatory.
That’s the result of a recent study published by Boston College’s Center for Retirement Research. The findings are alarming. Fully half of the nation’s working-age households will not have enough money to maintain their standard of living once in retirement. Making matters worse, this study assumes a strong working and saving life in which people work until age 65 and annuitize their assets, and even account for Social Security income.
Instead, 42 million out of 83 million working-age households will have to cut back on both luxuries and necessities in order to afford retirement. And inequities in our retirement system are holding younger workers back from achieving economic security during their later years.
The future of our population has never looked so uncertain. For half of all Americans, retirement will not be something to look forward to. It will be an era of struggle and want. It will be a time of despair in the United States. Financial literacy and information are the only way out of this. But unfortunately, that may seem too much for a nation where ignorance is applauded.
Article and video cross-posted from Epic Economist.
For Emergency Preparedness, Don’t Forget the Meds
Being prepared is more than just a good idea—it’s essential. We stock up on non-perishable food, bottled water, flashlights, and first-aid supplies, but one critical aspect often gets overlooked: access to vital medications. What happens if pharmacies close, prescriptions can’t be filled, or you’re cut off from medical care during an emergency?
That’s where Jase Medical steps in, offering a reliable solution to ensure you and your family have the medications you need when it matters most.
Jase Medical specializes in emergency preparedness kits designed to provide peace of mind through physician-reviewed, prescription medications delivered right to your door. Their flagship product, the Jase Case, is a comprehensive emergency antibiotic and medication kit priced at $289.95.
This kit includes 10 essential medications—five life-saving antibiotics and five symptom relief meds—that can treat over 50 common infections and illnesses, from urinary tract infections and pneumonia to skin infections and traveler’s diarrhea. With 28 add-on options available, you can customize the kit to fit your specific needs, including a KidCase for children ages 2-11.
The process is straightforward and hassle-free. Simply visit Patriot.tv/meds, complete an online evaluation, and have your order reviewed by a board-certified physician. Once approved, the medications are shipped discreetly from a licensed pharmacy to your U.S. address (with plans for Canada shipping coming soon). Each kit comes with detailed Med Cards outlining symptoms, dosing, and usage, making it easy to administer even in high-stress situations. These medications are shelf-stable and designed for long-term storage, empowering you to handle medical emergencies without relying on external help.
For those on the move, Jase Medical also offers the Jase Go kit for $129.95, a compact travel med kit covering over 30 common conditions encountered during adventures or trips. And for ongoing needs, Jase Daily provides an extended supply of your prescribed chronic medications to safeguard against disruptions in supply chains or extreme weather events.
Don’t just take our word for it—thousands of satisfied customers have given Jase Medical a 4.9-star rating, praising its role in true preparedness. As radio host Glenn Beck warns, “The supply lines for antibiotics already are stressed to the max. Please have some antibiotics on hand… You can do it through Jase.”
Whether you’re prepping for a hurricane, a power outage, or simply the uncertainties of daily life, Jase Medical ensures you’re not caught off guard. Head to patriot.tv/meds today to customize and order your emergency kit—because when it comes to your health and safety, it’s better to be prepared than sorry.
I don’t even think I’ll ever retire. I’ll work right up to lunch time on the day of my funeral.