
Our retirement system is a disaster for working people. We can fix it
Fox News
The US retirement system doesn't work for working people. They used to get pensions and healthcare. Now, almost 45% of older Americans have no savings at all. We can fix it.
In America today, almost 45% of older Americans between the ages of 55 and 64 have no savings at all and no idea how they will be able to retire with any shred of dignity or respect. Fifty years ago, it was not uncommon for corporations to provide workers with a defined benefit pension plan that guaranteed a monthly income in retirement. Bernie Sanders is an independent who represents Vermont in the U.S. Senate.
What she told the committee was extremely revealing.
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