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Economy, Personal Finance

“48% of workers think they don’t earn enough to save for retirement…”

“Almost half of U.S. workers, 48%, say they don’t earn enough income to save for retirement, according to a new survey from the Transamerica Center for Retirement Studies. The finding is pretty consistent across generational groups.

On the high end, 55% of Gen Z respondents say they don’t earn enough to save for retirement, according to the survey. Even 40% of Baby Boomers, the age group most confident in their ability to prep for the future, say they don’t earn enough money to do so. Millennials and Gen Xers come in at 49% and 48%, respectively…”

https://grow.acorns.com/about-half-of-workers-think-they-dont-earn-enough-to-save-for-retirement/

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