Retiring Without Enough Savings Is a Top Financial WorryWhen it comes to retirement savings, nearly two in three (65%) U.S. adults say they save some portion of their household’s annual income for retirement, an increase of five percentage points since last year, according to The 2018 Financial Literacy Survey, conducted by Harris Poll on behalf of the NFCC (National Foundation for Credit Counseling). Despite the fact that most are saving at least something for retirement, fewer than one in five (19%) feel very confident that they are saving enough.Read more > |
The Need to Prepare Baby Boomers for Retirement Is UrgentThe Insured Retirement Institute found 42% of Baby Boomers have no retirement savings, and industry sources say longevity and long-term care expenses are often not considered when Baby Boomers plan for retirement.Read more > |
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