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How much Americans have saved for retirement

Emmie Martin

As a group, Americans have shockingly little saved for retirement. Northwestern Mutual's 2018 Planning & Progress Study , which surveyed 2,003 adults, found that 21 percent of Americans have nothing saved at all for their golden years, and a third of Americans have less than $5,000. Only 24 percent of Northwestern Mutual respondents say it's 'extremely likely' that Social Security will be available when they retire.