Wednesday, June 14, 2006

 

Golden Years Losing Their Luster: Nearly One-third Of Employed Americans Have No Retirement Savings

While many Americans have dreams of retiring as millionaires, many are on a path that stops well short of that goal.

According to USAA's recent "Money Snapshot" survey, conducted by Harris Interactive(R), 51 percent of employed U.S. adults who are not retired say they want to save $1 million or more for retirement, but close to one-third (30 percent) haven't set aside anything at all for their golden years. Only about one-fourth (26 percent) have saved more than $50,000.

Golden Years Losing Their Luster: Nearly One-third Of Employed Americans Have No Retirement Savings
Source: Insurance News Net

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