Nearly Half Of Americans Not Saving For Retirement

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posted by: Mike Massey - email

When it comes to saving for retirement, nearly half of Americans aren't doing much.

49% of are not contributing to a 401(k) plan or an IRA.

That's according to a new survey by a financial services group.

Most people say they simply can't afford to save.

The number is highest among those between 18 and 34 years of age.

One financial expert calls the trend disturbing.

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Nearly Half Of Americans Not Saving For Retirement - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

Nearly Half Of Americans Not Saving For Retirement

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