A new report paints a troubling picture for retirees and those considering retirement: retirees have less in savings, are more likely to face poverty, and are hard-hit by inflation.
The report, from online real estate brokerage Clever, suggests that workers in the U.S. don't just fail to save enough for retirement, they have an inadequate understanding of what is needed for a comfortable life after leaving work. Clever conducted an online survey of 1,000 Americans for the survey, released last month.
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