Americans just aren't doing well at saving for retirement—a third of them have exactly nothing put away.

That's according to a survey from GoBankingRates, which found that the news gets even worse.

While 33 percent said they had nothing saved, another 23 percent admitted to having less than $10,000 set aside for retirement—an amount that could be wiped out by a single financial emergency, such as unexpected medical expenses—and another 10 percent said they had saved somewhere between $10,000–$49,000.

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
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.