1 in 4 Americans is saving nothing for retirement

“one in four Americans, across all age groups, is not saving at all for rOtirement. A majority of respondents (55%) said they either are not participating in a workplace sponsored retirement plan like a 401(k) or they don’t know if they are in a plan.  In certain age groups, nearly half of respondents no longer believe it’s possible for a typical middle-income family to save for retirement.  Nations can kick problems like this down the road, coming up with stall tactics and delays that ensure trouble comes as far down the line as possible, pushing trouble out of the lifetime of many current adults even as they raise the danger level for future generations.  Individuals, however, need to rely on themselves.”

http://www.marketwatch.com/story/1-in-4-americans-is-saving-nothing-for-retirement-2014-05-23/print?guid=3CC208F4-E28C-11E3-87F3-00212803FAD6

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