Retirement & PensionsSenior Lobby Updates

Divided America: Easy retirement? Only for a privileged few

Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they simply aren’t saving enough, experts say. Thirty-five percent of households in their prime earning years or later have nothing saved in a retirement account and no access to a traditional pension, according to an AP analysis of savings data from the Federal Reserve.

http://bigstory.ap.org/article/a0f8d3ab3aed48b2809f3081e2361336/divided-america-easy-retirement-only-privileged-few