It's extremely important to have savings for retirement. And the sooner you start working on building yours, the better.

Social Security will only replace about 40% of your preretirement income if you're an average earner. And with benefit cuts on the table, it might become an even less dependable income source down the line. Funding your nest egg aggressively could help make up for that.

But many working Americans today are not, in fact, putting money into a retirement savings plan regularly. And so it's not surprising to learn that many seniors today think the country as a whole has a serious problem.

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Source Fool.com