A new research report finds that the retirement savings levels of working age Americans remain deeply inadequate despite economic recovery. An analysis of U.S. Census Bureau data reveals that the median retirement account balance among all working individuals is $0.00. The data also indicate that 57 percent (more than 100 million) of working age individuals do not own any retirement account assets in an employer-sponsored 401(k)-type plan, individual account or pension. The analysis finds that overall, four out of [...]

America faces deep political divide, but not when it comes to economic security in retirement. A new report finds that 76 percent of Americans are concerned about their ability to achieve a secure retirement, with that level of worry at 78 percent for Democrats and 76 percent for Republicans. Some 88 percent of Americans agree that the nation faces a retirement crisis, and the concern is high across party lines. […]

The race is on to save Americans’ golden years. The aging of baby boomers, the looming funding crisis for Social Security and the meager size of many workers’ nest eggs — if they have one at all — have spurred candidates, lawmakers and experts to propose ways to boost retirement savings. Politicians even are talking about making changes to Social Security, long known as the third rail of politics because touching it was thought to be a career-killer. The looming financial [...]