The Retirement Savings Crisis - Is it Worse Than We Think?
Matt MacWilliams, CFP?
Helping business owners and high net worth families in transition grow and protect assets they can't outlive.
This study confirms the poor state of the average American workers retirement plan. Declining numbers of employer-sponsored retirement plans, low participation rates by employees, and low savings rates all point to trouble for many American workers. The average amount accumulated by those near retirement (age 55-64) is $100,000.
Read the full report at: https://www.nirsonline.org/storage/nirs/documents/Retirement%20Savings%20Crisis/retirementsavingscrisis_final.pdf