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

newsfeedback@fool.com (Maurie Backman), The Motley Fool
Sat, 05/28/2016 - 5:07pm

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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