Uncle Sam wants you. . .to plan for retirement
For all the hand wringing over rabid consumption to the exclusion of savings, Americans may actually be better savers than their reputation and government figures indicate. Most people appear to be actually saving for retirement “” just not enough.
A recent survey sponsored by financial firm AXA Equitable found nearly 85 percent of workers have started planning for retirement and are squirreling away money each month toward their golden years. But while the majority may be saving, most are saving too little to completely fund the golden retirement they are planning, let alone a silver or bronze version.