They’re close in age, but folks aged 55–59 are doing substantially better at saving for retirement than those aged 60 and up.
That’s the word from Wells Fargo & Company’s annual retirement study, which found that the median savings of working Americans aged 60 or older is $50,000 against a retirement savings goal of $300,000.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
