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Less than 50% of American workers have
a pension plan. |
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The
Informed
Investor's Guide |
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Facts About Retirement Savings
Will you have enough in retirement?
Consider these facts:
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Almost 58 percent of American workers have not calculated how much money they will need to save for retirement. |
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Most workers have not saved enough for retirement.
Almost half have saved less than $50,000. |
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Social Security and pensions only account for 58% of
your income in retirement. |
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What does this mean?
In the future, we may be spending more time in retirement
than we've planned, our income sources may be lower, and
our money may have to last longer than we expect.
With inflation and taxes a given, it's going to become
increasingly important to plan ahead so that you won't
outlive your retirement income.
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