The Average American Has $87,000 Saved for Retirement: This Stock Could Help You Beat the Odds
The U.S. is a prosperous nation that offers many opportunities for those who live there. But an ongoing retirement crisis threatens to leave millions unable to keep up with the ever-increasing living costs.
The average (median) American household has just $87,000 saved for retirement today, according to research by The Motley Fool. Considering the average household income in the U.S. is $74,580 per the U.S. Census Bureau, these nest eggs can barely cover a year of family wages.
But there is something everyone can do to improve their outlook: investing. Putting your hard-earned money to work in the U.S. stock market will let the American economy work for you, not just you for it.
Source Fool.com
