Is Saving All It's Cracked Up to Be?…

April 1998
Journal of Financial Planning;Apr98, Vol. 11 Issue 2, p18
Academic Journal
The article focuses on the challenges faced by financial planners in the U.S. Financial planners often faced the challenge of getting their clients to increase their savings rate. According to the Congressional Quarterly, when Ronald Reagan took office in 1981 as president of the U.S., the personal savings rate in the country stood at 9.4 percent. However, the Japanese are saving at a rate of nearly 12 percent.


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