- Joined
- Aug 26, 2007
- Messages
- 50,241
- Reaction score
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- Location
- San Antonio Texas
- Gender
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- Political Leaning
- Conservative
https://www.cnbc.com/2017/06/13/her...have-nothing-at-all-saved-for-retirement.html[FONT="]If you're overwhelmed by [/FONT]the financial responsibilities of day-to-day life[FONT="] and more focused on making it to the end of the month than on the possibility of being able to save for the distant future, you're not alone. In fact, the vast majority of Americans have under $1,000 saved and half of all Americans have nothing at all put away for retirement.
[/FONT][FONT="]"Nearly half of families have no retirement account savings at all," the Economic Policy Institute (EPI) [/FONT]reported[FONT="], even in savings vehicles such as [/FONT]IRAs[FONT="] and [/FONT]401(k)s[FONT="]. The median for U.S. families is just $5,000, and the median for families with some savings is $60,000.[/FONT]
It's a private poll so don't feel called out, I'm curious how reflective these reports are.