#retirement-savings-shortfall

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#retirement-crisis #401k-limitations #senior-care-costs #retirement-readiness #defined-contribution-plans
Retirement
fromFortune
5 days ago

'No one is close': BlackRock's Larry Fink warns Americans have saved egregiously less than they need for retirement | Fortune

Most Americans face a large retirement savings shortfall: average perceived need about $2.1 million while 62% have under $150,000 saved.
Business
fromFortune
3 months ago

Despite shortfalls, America's retirement picture can improve | Fortune

About two in five Americans are on track for retirement, with a typical $5,000 annual shortfall; expanded access to defined contribution plans and auto-enrollment improve readiness.
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