Here's How Much the Average American Has in Retirement Savings -- and How You Can Beat It
Retirement planning has never been easy, but it's especially challenging for today's workers.
Most employers no longer offer pension plans, and Social Security is on shaky ground, with potential benefit cuts on the horizon. Most future retirees, then, will need to rely heavily or entirely on their savings. But with a cost-of-living crisis making it difficult to even make ends meet, saving for retirement can feel like an insurmountable goal.
Research shows that average workers across generations are struggling to save, but it's simpler than you might think to build a robust nest egg -- and potentially even reach $1 million or more.
Source Fool.com