retirement savings gap

Take Charge of Your Future With ‘Work and Save’

Posted on 03/3/2014 by |AARP Blog Author | Comments

PoliticsWe all dream of a comfortable retirement — time to relax, travel, learn a new language or take up a hobby. But in these tough economic times, that dream can sometimes feel a little out of reach, especially for those who work for small businesses — because most of them have no access to any type of retirement savings plan at work. In fact, 3 out of 5 households headed by someone 65 or older have no money in retirement savings accounts. …

Millions of Near-Retirees Have No Savings

Posted on 06/21/2013 by |Money and Work | Comments

Bulletin Today | WorkAn examination of how Americans are preparing for retirement finds that, overwhelmingly, they aren’t. As many as 18.3 million households with workers ages 45 to 64 have no retirement savings whatsoever, according to a new report from the National Institute on Retirement Security. When their entire net worth was taken into account (including real estate and other assets), about one-third still fell short of what they’ll need to maintain their standard of living in retirement. “The retirement savings gap — what …