Almost 3 out of 10 Americans have no retirement savings

April 2, 2024 by Nathan Place

Experts have long warned that the United States is headed for a retirement crisis. New research shows just how dire that crisis could be.

The problem is not just that Americans aren’t saving enough for retirement. More than one-quarter of them have no retirement savings at all, according to a new study by the personal finance website GoBankingRates.

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Wink’s Moore on the Market: Nearly one-third of Americans have less than one penny saved for retirement. -sjm

Originally Posted at Financial Planning on March 28, 2024 by Nathan Place.