Fed Study Shows Bleak, But Not Hopeless, Retirement Picture

2015-05-29T18:39:58-07:00May 29th, 2015|Categories: Retirement|Tags: , |

New Federal Reserve Board research has found that 31 percent of non-retirees have no retirement savings or pension. That includes nearly a quarter of those older than 45. In addition, 38 percent of the nonretired either do not plan to retire or plan to keep working as long as possible. And among lower-income Americans with household incomes of less than $40,000 a year, more than half (55 percent) said they plan to keep working as long as possible or [...]