Three-fourths of middle-class Americans expect to work throughout retirement. And this includes the 25% of Americans who say they will "need to work until at least age 80" before being able to retire comfortably.
...It sounds depressing, but for many it's a necessity. On average, Americans have only saved a mere 7% of the retirement nest egg they were hoping to build, according to Wells Fargo's latest retirement survey that polled 1,500 middle-class Americans.
-- that were surveyed had saved less than $25,000 for retirement.
Please continue reading at: http://money.cnn.com/2011/11/16/retirement/age/index.htm
...It sounds depressing, but for many it's a necessity. On average, Americans have only saved a mere 7% of the retirement nest egg they were hoping to build, according to Wells Fargo's latest retirement survey that polled 1,500 middle-class Americans.
-- that were surveyed had saved less than $25,000 for retirement.
Please continue reading at: http://money.cnn.com/2011/11/16/retirement/age/index.htm
