Quantcast
Channel: James Dornbrook RSS Feed
Viewing all articles
Browse latest Browse all 5189

Wells Fargo study: Middle class isn't saving for retirement

$
0
0
A new study shows most middle-class Americans are failing miserably when it comes to preparing for retirement. The study was full of bad news, including that 34 percent of middle-class Americans aren't contributing anything to a 401(k) or other retirement savings vehicle. Even worse, 41 percent of those 50 to 59 are not currently saving for retirement. Nineteen percent of all respondents have no retirement savings at all. It appears that procrastination is playing a big role: 55 percent said they…

Viewing all articles
Browse latest Browse all 5189

Trending Articles