Americans’ Retirement Savings Are Improving, But They’ve Got a Long Way to Go

Study after study has painted a grim picture of retirement for today's workers. Many are well behind where they should be in terms of savings, and an alarming 21% of Americans have no retirement savings at all, according to a Northwestern Mutual survey. Couple that with the potential for a long life expectancy and the uncertainty surrounding Social Security's future, and things look dire indeed. But a recent Employee Benefit Research Institute (EBRI) study suggests there may be a light at the end of the tunnel. The latest data from its Retirement Security Projection Model shows that the percentage of Americans estimated to run out of money in retirement has decreased by 1.7% since the last time EBRI conducted this study, in 2014. Read more here >>>

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