Recent research from The Motley Fool reveals that 47% of working-age households risk not having enough money saved in their retirement plans if they continue working until age 65. This has led to 79% of Americans recognizing a retirement crisis in the country. The issue extends across all income levels, with 56% of lower-income, 45% of middle-income, and 41% of high-income workers all facing potential retirement savings shortfalls. To avoid this fate, individuals should set a clear retirement savings goal, choose the right retirement account, automate contributions, make smart investments, and increase investments as income rises.
Read more at Yahoo Finance: 5 Things You Can Do Today to Avoid a Retirement Savings Shortfall
