Americans are so busy keeping up with the Joneses that they spend their future. Americans, in general, make good money. With proper management, people should be able to save (except for people in the lower income brackets, they are just trying to survive). I wish people would think about what they are going to need and want when they are 70 while they are drooling over that showy car in the dealer’s lot. People just keep listening that insidious whisper, “Sell your future, buy this car (or granite countertop, or expensive vacation, or new pool, etc)”
