Tag Archives: 401(k) accounts

401(k)s, IRAs, and Social Security aren’t giving the average person enough to retire on anything close to a comfortable lifestyle as 80% of households have less than $100,000 in savings. That is not enough for even a minimal retirement.

A study released by GoBankingRates reveals that older people planning their retirement have cause for concern. 42% of Americans are facing their golden years with less than $10,000 in savings.