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Here’s how much the average working boomer has saved for retirement

·4 min read
Here’s how much the average working boomer has saved for retirement

Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much, or little, they have saved for retirement. Less than half of those surveyed have saved $100,000: Not even close to enough to support a median income of around $40,000 a year in retirement.