Here’s the grade most Americans give themselves for retirement readiness

Here’s the grade most Americans give themselves for retirement readiness

- in Featured, Retirement
767
Comments Off on Here’s the grade most Americans give themselves for retirement readiness

If saving for retirement were graded, most Americans would want to hide their report cards.

A majority would give themselves a “C” grade or lower, and a third of those in their 40s and 50s would give themselves failing grades, according to a new study conducted by Harris Poll for TD Ameritrade.

About 53% of those in their 50s have less than $100,000 saved and just 12% of respondents ages 60 to 79 have at least $1 million stashed away, according to the study, which surveyed 2,000 adults ages 40 to 79.

Read more

 

You may also like

A 10-Year Checklist For Retirement Planning

Are you ready to retire? By 2030, one