Retirement Savings Levels Continue to Worsen
New Research from The National Institute on Retirement Security Finds Median Retirement Account Balance Dips to $2,500 for Working Age American Households, Down from $3,000; Nearly 40 Million Households Have No Retirement Savings. A new research report calculates that the U.S. retirement savings crisis continues to worsen, and that the typical working household still has virtually no retirement savings. When all households are included-not just households with retirement accounts-the median retirement account balance is $2,500. The median retirement account balance was $3,000 [...]