It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Tuesday, March 18, 2014

One-third of Americans only have $1,000 saved for retirement

http://finance.yahoo.com/news/americans-only-have--1-000-saved-for-retirement-ebri-report-134741117.html

More Americans are confident about their retirement prospects for the first time in seven years, but even so, more than one-third of workers (36%) have a measly $1,000 saved for their later years, according to a new study by the Employee Benefit Research Institute. (Compare that to the 28% of workers who said they had $1,000 saved in last year's survey, and the picture gets a little more grim.)
As a whole, however, Americans are feeling more confident about retirement, with 18% saying they're "very confident," up from 13% in 2013. But this year’s confidence numbers are still lower than they were before the Great Recession, when one-quarter of Americans were feeling very confident about their golden years.

No comments:

Post a Comment