Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing,

hosted by Michael Baddick and Ben Carlson, two guys who study the markets as a passion,

and invest for all the right reasons.

Michael Batnik and Ben Carlson work for Rit Holt's wealth management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of

Ritt Holt's wealth management. This podcast is for informational purposes only and

should not be relied upon for investment decisions. Clients of Ritthold's

wealth management may maintain positions in the securities discussed in this podcast

Welcome to Animal Spirits with Michael and Ben. There were two articles about retirement this weekend

taking the exact opposite views.

One was from Mary Childs over at Barons.

The title was Americans, no they're not ready for retirement,

but it's worse than they think.

And over in the Wall Street Journal somebody wrote the phony retirement crisis

contrary to the alarms household savings are growing but government plans are underfunded

who to believe Ben the Wall Street Journal one was an opinion piece and it had sort of a political bent to it, so I'm going to say that is probably one not to believe because typically when you put politics

into these things that I mean he used some stats there were there's a

whole hold on some survey stats yes there were surveys that's the problem and

there were really no balances it was more talking about

the savings rate so his whole point was actually just that people who are

retired and older are doing far better off than people who are younger which I don't know if that really makes a great case here.

But there were some points here to kind of what we talked about a couple weeks ago about the expectations

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