1 in 3 Americans Maintain $0 in Retirement Savings
As cost of living expenses contniue to explode across the U.S. a recent study found that nearly a third or Americans have no savings for retirement. Even more telling, 14 percent of people ages 65 and older have no retirement savings; 26 percent of those 50 to 64; 33 percent, 30 to 49;
"These numbers are very troubling because the burden for retirement savings is increasingly on us as individuals with each passing day," says Greg McBride, chief financial analyst for Bankrate.com. "Regardless of your age, there is no better time than the present to start saving for your retirement. The key to a successful retirement is to save early and aggressively."