Half of California workers have no retirement savings, says UC Berkeley report
Many Californians may sink into downward mobility in their golden years because of a lack of retirement savings, says a new report by Berkeley’s Center for Labor Research and Education. About half of California private sector employees ages 25 to 64 don’t have dedicated retirement savings, according to a new report by Nari Rhee, director of the Retirement Security Program at the University of California, Berkeley’s Center for Labor Research and Education. The report provides a rare look at [...]