25 Percent of Americans Have NO Retirement Savings!

The “Golden” years are going to be the bronze for most of us.

Many people don't have nearly enough saved for retirement, but some are much worse off than others. A new report from the Employee Benefit Research Institute says nearly half of everyone it surveyed has less than 25-thousand dollars saved for retirement. It also found that nearly 25% of people surveyed have less than one-thousand dollars in retirement savings.

Most people think they will need about 500-thousand dollars in order to retire, but some expect than number to hit one million. If you haven’t started saving, now is the time.Source: Bloomberg

Close up of savings jars with money

Rip Wooten

Rip Wooten

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