March 15 at 5:50 a.m.
Filed under:
Retirement
By CNN
Most Americans have less than $25,000 saved up for retirement, putting retirement confidence at record lows.
More than a quarter, or 27 percent, of workers say they are “not at all confident“ about retirement, according to an annual survey from the Employee Benefit Research Institute and Mathew Greenwald & Associates Inc. That’s up from 22 percent last year, which was the lowest level recorded in the two decades the survey has been conducted. Get the full story »
July 13, 2010 at 1:14 p.m.
Filed under:
Investing,
Retirement
By Reuters
No matter their income level, a significant number of U.S. workers are likely to struggle to meet basic expenses during retirement, a new study of baby boomers and “generation Xers” released on Tuesday shows.
Over 40 percent of people with the lowest incomes face prospects of depleted savings within 10 years after retirement, with that number climbing toward 60 percent after another decade, according to Washington-based Employee Benefit Research Institute. Get the full story »
