One-Quarter of Working Americans Have Zero Retirement Savings

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One-Quarter of Working Americans Have Zero Retirement Savings
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Many American households remain financially fragile despite a booming job market, with a quarter of working individuals saying they have no retirement savings at all, a Fed survey shows (Corrects typo in earlier tweet, which has been deleted)

One-quarter of working individuals say they have no retirement savings at all, the survey said, and 44% worry that their saving isn’t on track. Among younger workers, aged 18 to 29, 42% have nothing set aside, and only 26% believe they are adequately prepared for retirement.

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