BUSINESSFORTUNE
Despite nearing their 60s, nearly four in 10 Americans heading towards the end of their careers don’t even have a retirement account
Nearly 40% of Americans aged 55-65 lack retirement accounts, with similar rates among younger age groups. Financial pressures lead many to withdraw funds early, and a significant portion of retirees are struggling financially.
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Adjacent reporting
- Almost half of Americans say they can’t afford to save for retirement right now
- For some older Americans, retirement today means unretiring
- Americans say they need $1.2 million to retire. Most are too deep in debt to get there.
- Americans say they need $1.2 million to retire comfortably, survey finds — but many expect to fall short
- Growing number of Americans delay retirement: "Rising costs are on my mind"
- Are you financially fulfilled? If not, your retirement plans are in danger.