According to the Employee Benefit Research Institute, nearly 30% of Americans have saved less than $1,000 for retirement. Most Americans just aren't planning adequately for a life in retirement. Around 3/4 of workers will work at least some in retirement. A whopping 40% of baby boomers will work full time forever, never retiring. These, and other similar statistics, are astonishing. Being lazy is not a retirement plan. Poor preparation can be blamed also. This is almost never an income problem, it's usually a spending problem. We need to look for ways to cut spending and put that money in long term savings accounts. Working forever is not a financial plan. I believe most of us can do better, start a plan, and stick to it. Finwiz.
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