“Don't be just a statistic.”
The percentage of workers (72 percent) saying they have saved for retirement has returned to 2001-2006 levels after a slight dip in 2007 (66 percent). Forty-nine percent of workers report total savings and investments (not including the value of their primary residence or any defined benefit plans) of less than $50,000. Twenty-two percent of workers and 28 percent of retirees say they have no savings of any kind. * Yet, retirement is more expensive than a house or a college education. It's a long-term goal that requires steady, long-term saving.
Source: Employee Benefits Research Institute, 2008 Retirement Confidence Survey (April 2008) |