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.
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.
I don’t even think I’ll ever retire. I’ll work right up to lunch time on the day of my funeral.