Retiring with no money saved?
In an article written by Elyssa Kirkham /Gobankrates and published in the online magazine Money, she states that 56% of all Americans have $0 saved for retirement.
Unfortunately, for many of us, saving for retirement is not an area where our attention is focused; because of the necessity of meeting our daily financial demands, which is a struggle, the thoughts never seem to go towards retirement savings.
There are many financial obstacles that the majority of us face; some of these are: credit card debt, student loan debt, low wages, the need to save for a child’s college education, and the list never ends; all of these things can put a strain on our budgets, they don’t necessarily make it impossible to save for retirement.” (start your own business for free)
Most of us are falling short of the savings required for a comfortable retirement, and that is if we are saving at all.