The Middle Class Retirement Plan Is Breaking - Episode 1211

The middle-class retirement plan is breaking in front of our eyes. For generations, Americans walked a familiar path: just go to school, get a good job, work hard for a few decades, buy a home, put some money aside in a 401k, and eventually, you’ll be financially free. 

But what happens to that plan when wages don’t keep up with the cost of living? What happens if inflation runs rampant for several years? On today’s show, we’re breaking down what’s happening today and why the system that has worked for generations no longer translates in today’s economy.