Only half of Americans have good savings habits and feel prepared for retirement, according to a new survey released today as part of America Saves Week.
The sixth annual survey, sponsored by the Consumer Federation of America, American Savings Education Council and the Employee Benefit Research Institute, found that 54 percent of the 1,000 adult respondents nationwide said they have a savings plan with specific goals.
Forty-three percent said they have a spending plan that allows them to save enough money to achieve the goals of their savings plan. Half of those who are not yet retired said they save for retirement at work through a 401(k) or other contributory plan.
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