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​Gopi Shah Goda: You’re probably not saving enough for retirement

(https://soed9-dev.stanford.edu/news/gopi-shah-goda-youre-probably-not-saving-enough-retirement)

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​Gopi Shah Goda: You’re probably not saving enough for retirement

​On the Future of Everything radio show, economist Gopi Shah Goda says few Americans are, and fewer still know what to do about it.

It’s a complex decision to determine how much to save for retirement. | Stocksy/Sean Locke

It’s a complex decision to determine how much to save for retirement. | Stocksy/Sean Locke

Am I saving enough for retirement? Will I outlive my money? Can I count on Social Security?

These are but a few of the nagging questions most every American grapples with when contemplating retirement.

Gopi Shah Goda (https://profiles.stanford.edu/gopi-goda?tab=bio) of the Stanford Institute for Economic Policy Research (SIEPR) (https://siepr.stanford.edu/welcome) says that the migration from once ubiquitous and relatively secure pension programs to today’s self-directed retirement plans are producing anxiety and indecision in retirement planning precisely at the worst time, and it could spell a coming crisis. Throw in a teetering Social Security system and it’s no wonder so many Americans do not know when — or if — they will ever truly retire.

Join host Russ Altman (https://profiles.stanford.edu/russ-altman) and economic policy expert Gopi Shah Goda for a look at the true state of U.S. retirement planning.


Source URL: https://soed9-dev.stanford.edu/news/gopi-shah-goda-youre-probably-not-saving-enough-retirement