Comment on Guess How Many Americans Over 55 Don't Have Any Retirement Savings

Guess How Many Americans Over 55 Don't Have Any Retirement Savings

You've probably heard that most Americans aren't saving nearly as much as they should for retirement. But it's not just carefree 20-somethings putting retirement savings on the back burner. According to a recent survey by GoBankingRates, about 30% of those 55 and over admit to having no retirement savings whatsoever.Meanwhile, 26% report having balances of less than $50,000, which is far behind where the average person in that age group should be.

 

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