6 Facts About Your Retirement Savings You Didn't Know
When asked about financial worries, most Americans put retirement savings near the top of their lists. While close to half of older workers claim running out of money during retirement is their biggest fear -- worse even than death -- worry isn't necessarily translating into action.
Almost 40% of all workers have no retirement savings at all, and around 8 in 10 Americans have no idea how much money they'll need to retire. Even those who are saving are likely saving far too little.
One big reason so many struggle with retirement savings is that a lot of what we think we know about saving for retirement no longer applies. In fact, here are six key facts about retirement savings you probably didn't know.
Source: Fool.com
