Tony Robbins warns Americans about 401(k), Social Security threat
The personal finance author and motivational speaker urges awareness of a retirement savings potential problem.
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American workers beginning to save money for retirement find themselves confronting some important financial decisions as they plan for a comfortable future.
One fact they inevitably discover is that Social Security monthly payments, while a solid source of basic income, are not (and were never intended to be) of sufficient value to cover all living expenses for the entire length of one's retirement years.
Philanthropist and author Tony Robbins explains one vital strategy people use to save for the bulk of their retirement nest egg, but he says people often make a mistake while implementing it that can damage their financial future.