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News & Press: Financial Literacy News

New Study Shows One-Third Of Americans Have Zero Retirement Savings

Thursday, September 4, 2014   (0 Comments)
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Alan Mott
President / Owner
2864 Hwy 27 Suite F
North Brunswick, NJ 08902
(800) 259-1001
New Study Shows One-Third of Americans Have Zero Retirement Savings, Why?
When Americans imagine retirement, they think of the lifestyle shown on television filled with travel, golf, family and new adventures. Unfortunately, many Americans are unprepared financially to support that dream.
Thirty-six percent of people in the U.S. have no retirement savings, according to a recent study conducted This includes 26 percent of adults between the ages of 50 and 64 – one of the most crucial age groups for retirement planning and saving. This generation acknowledges the importance of saving, with 32 percent of people feeling less comfortable with their overall savings than they were a year ago. So if they know they should be saving, why aren’t they?
Here are three reasons why many Americans don’t have enough saved:
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Alan Mott


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